KADOKAWA Announces Acquisition of Anime Information Network’s Media Small business

KADOKAWA Announces Acquisition of Anime News Network‘s Media Business

KADOKAWA Corporation (Headquarter: Chiyoda-ku, Tokyo President and Member of the Board: Takeshi
Natsuno hereinafter “KADOKAWA“) announced these days that the firm has achieved an agreement with Anime
News Network Inc. (Headquarters: Quebec Province, Canada, President: Christopher Macdonald, hereinafter
“ANN”) with regard to KADOKAWA‘s bulk acquisition of ANN’s media organization.

Established in 1998, ANN engages in the media small business centered on distribution of the most recent information concerning Japanese
anime, manga, mild novels and other amusement articles to its English-speaking market place userbase in North America
and other parts of the entire world. ANN also operates a content material database and group community forums for its buyers to interact on
its web page and has proven its posture as one of the largest platforms specialized in its area in North The united states.

Our determination to carry on with the acquisition is meant to further reinforce KADOKAWA‘s international marketing
initiatives relating to the digital and physical products and solutions handled by BOOK☆WALKER Co., Ltd. (Headquarters: Tokyo)
which operates an English on the net ebook store (Ebook WALKER Worldwide), YEN Press, LLC (Headquarters: New
York, hereinafter “YP”) which engages in the comprehensive English publication of manga and light-weight novels, and many others. in
North America, and J-Novel Club LLC (Headquarters: Texas) which engages in the English e-e-book publication of
Japanese light novels and the operation of a electronic membership company platform amongst some others in the English-
speaking current market. The transaction is contemplated to be pursued by way of the acquisition by a freshly established
business less than KADOKAWA‘s US holding corporation KADOKAWA Planet Entertainment, INC.
(Headquarters: Delaware, hereinafter “KWE”) of all of the related business enterprise property from ANN, scheduled to be
accomplished by the finish of the year. The transaction, its benefit is not disclosed, would have no materials impact on
KADOKAWA‘s consolidated company results. Adhering to the completion of the transaction, we intend to further
grow of all of the group’s companies in the English-talking current market by strengthening collaboration in advertising
and other regions among just about every of the group’s aforementioned companies.

Christopher Macdonald, President of ANN (To be appointed as the Publisher of the new enterprise), states:
”I am thrilled by this option to do the job with Kadokawa and Kadokawa World Enjoyment to drastically
strengthen Anime News Network during the program of the coming many years. Myself and all of ANN’s personnel remain fully
devoted to the benchmarks of expert, exhaustive, and editorially unbiased journalism that ANN is currently
acknowledged for and we imagine that Kadokawa‘s means will be a wonderful advantage to ANN’s journalism and our readers.”

Kurt Hassler, Main Executive Officer of KWE and Controlling Director and Publisher of YP, claims:
“For more than 20 many years, ANN has distinguished itself by offering a window of news and information about Japanese
content material and setting up a community wherever lovers can interact and share their enthusiasm. This acquisition represents
an option not only for KADOKAWA to better and additional properly spotlight its own content material but to greatly enhance
ANN’s mission to increase the world audience for manga and anime as a entire though expanding the boundaries of what
the site can offer users.”

Anime News Community Inc.

Book WALKER Global

YEN Press

J-Novel Club

▼Overview of KADOKAWA Company
KADOKAWA develops a broad range of enterprises as a detailed entertainment company, such as
publishing, video, video game, Internet service, schooling, MD and business enterprise for inbound buyers. KADOKAWA developments
electronic transformation, together with Activity Based mostly Operating (ABW), and a global media mix system, which focuses
on steadily building mental home (IP) and growing abroad.
Group Worldwide Portal Web page: https://team.kadokawa.co.jp/international/

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