(hereinafter referred to as “MF”), a subsidiary that operates the Movie Full business (hereinafter referred to as “MF business”), to IBG Media Corporation (hereinafter referred to as “IBG”) on March 1, 2024.

1. Background of the Share Transfer Agreement

In order to concentrate its resources on its core businesses, MF has decided to transfer its MF business to IBG as part of its strategy to improve its business portfolio.
This transfer will enable us to allocate resources more effectively and efficiently, accelerate investments for future transformation and growth, and achieve sustainable growth.
IBG was selected as the transferee because of the high level of mutual trust that has developed from a long-term track record of business transactions, its extensive experience in this business area, and its high evaluation of the value of the MF business.

2. Company Profile

Company name : IBG Media, Inc.
Establishment : November 18, 1997
Capital : 30 million yen
Number of employees: 500 (group-wide)
Representative : Makoto Sakiyama
Business : Internet advertising business
　　　　　 Web / Smartphone site planning and operation
　　　　　 Shopping site management business
　　　　　 System development business
　　　　　 Music media management

With the execution of this share transfer agreement, we will create synergies by combining IBG’s existing know-how based on mobile content management with the strengths of the Movie Full business in content, planning, and development to provide even greater value to our customers.

Under the new structure, we will continue to deliver the best services and value-added solutions through innovation to our customers.