Capcom Makes Minimum Studios Co., Ltd. a Subsidiary Through Share Acquisition
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CAPCOM CO LTD UNSP/ADR (CCOEY)
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capcom.co.jp/ir/english
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Source: Business Wire
OSAKA, Japan--(BUSINESS WIRE)--Capcom Co., Ltd. (TOKYO:9697) today announced that it has acquired two-thirds of the total issued shares of Minimum Studios Co., Ltd. (Minimum Studios), a 3DCG production company, making it a subsidiary company.1. Purpose of Share AcquisitionBased in Taiwan, Minimum Studios’ strength lies in animation production for consumer home video game development, and the studio has carried out work on major Capcom titles in the past. Capcom decided to make the studio its subsidiary company to sustainably bolster its developmental and technological capabilities, aiming to achieve its long-term management goal of 100 million units in annual sales.Going forward, Capcom will continue to explore the acquisition of necessary technological capabilities in order to enhance its game development organization.2. Overview of Minimum Studios Co., Ltd.1. Head Office4F, No. 133, Sec. 4, Minsheng E. Rd., Songshan Dist., Taipei City 105, Taiwan (R.O.C.)2. RepresentativeHung Ye
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