2007
4.2
Notice of Reorganization of Subsidiaries
Nippon Television Network Corporation
(Tokyo Stock Exchange 9404)
As per our announcements on November 16, 2006 regarding the reorganization of our subsidiaries, the following outlines the corporate division, exchange of shares and change of business names which are operational and in effect as of today.
1.Summary of new companies
Post-corporate division businesses | Comprehensive production business company | Technology company | Production company | Events company | Arts company |
Former company | NTV Eizo Cente | (new) | NTV Video | NTV Enterprises | NIPPON TELEVISION ART |
New Name | NTV Group Holdings Inc. (abbr: NTV Group HD) | NTV Technical Resources Inc. (abbr: NiTRo) | AX-ON Inc. (abbr: AX-ON) | NTV EVENTS Inc. | No name change NIPPON TELEVISION ART Inc. |
Representative director | Chairman Mr. Kohei Manabe President Mr. Shinji Tokuichi | President Mitsuyoshi Azuma | President Kazuyuki Sakurada | Chairman Mitsuoki Umino President Takashi Shindo | Chairman Kouyu Haba President Masahiro Kimura |
Capital | 130 million yen | 10 million yen (60 million yen after capital increase) | 60 million yen | 50 million yen | 100 million yen |
Shareholders | NTV 100% | NTV Group Holdings Inc. 100% | |||
Address | NTV Kojimachi South Bldg, 14 Niban-cho, Chiyoda-ku, Tokyo | ||||
South Bldg. 5th floor | South Bldg. 4th floor | South Bldg. 6th floor | South Bldg. 9th floor | South Bldg. 7th floor | |
Direct hire employees (as of April 1, 2007) *excludes outside employees accepted on external assignment | Employees 17 Contract employees 1 Total 18 | Employees 171 Contract employees 374 Total 545 | Employees 176 Contract employees 469 Total 645 | Employees 18 Contract employees 46 Total 64 | Employees 64 Contract employees 83 Total 147 |
2.Business operations of new companies
(1)NTV Technical Resources Inc.
studio technology, live broadcasting technology, broadcasting technology, EJ news gathering, editing/post production
(2)AX-ON Inc.
overall program production (drama, variety, sports, information, news, etc.)
content production, closed caption production, library
(3)NTV EVENTS Inc.
various events, sporting events, management of NTV Entertainment School
(4)NIPPON TELEVISION ART Inc.
studio props, lighting, sound, graphic design
(5)NTV Group Holdings Inc. (business operations and role)
companies, including NTV Technical Resources Inc. (hereafter referred to as the 4 production companies).
・ Function of comprehensively managing the entire production system
・ Function of monitoring the progress of the 4 production companies and our company working together toward fulfilling Group strategies
・ In the future, shared service with other subsidiaries will be considered.
3.Future effects on business results
As subsidiaries were reorganized according to their function, future effects from this reorganization on consolidated/unconsolidated business results are expected to be minor.
4.Contact information for new companies:
NTV Technical Resources Inc.
NTV Kojimachi South Bldg, 4th floor, 14 Niban-cho, Chiyoda-ku, Tokyo
Corporate Administration Contact: Sato Tel: 03-5275-1115
NTV AX-ON Inc
NTV Kojimachi South Bldg, 6th floor, 14 Niban-cho, Chiyoda-ku, Tokyo
Corporate Administration Contact: Yoshida Tel: 03-3222-3150
NTV EVENTS
NTV Kojimachi South Bldg, 9th floor, 14 Niban-cho, Chiyoda-ku, Tokyo
Corporate Planning Contact: Terada & Hara Tel: 03-3222-2900
NIPPON TELEVISION ART Inc
NTV Kojimachi South Bldg, 7th floor, 14 Niban-cho, Chiyoda-ku, Tokyo