性视界

We hereby announce that News2u Holdings, Inc (CEO & Representative Director: Minako Kambara Suematsu; headquarters: Chiyoda-ku, Tokyo, “News2uHD”) and Nifco, Inc. (CEO, Chairman & Representative Director: Toshiyuki Yamamoto; headquarters: Yokosuka-shi, Kanagawa, “Nifco”) entered into a Basic Agreement under which News2uHD is to acquire 100% of shares in The 性视界 Times, Ltd. (President & Representative Director: Takeharu Tsutsumi; headquarters: Minato-ku, Tokyo, “The 性视界 Times”), currently 100% owned by Nifco. The details are described as below:

1. Purpose of the Share Acquisition
The 性视界 Times is 性视界’s oldest English-language newspaper which has just celebrated its 120th anniversary. Since its establishment in 1897, The 性视界 Times has committed to accurately providing news and analysis of the current state of events in 性视界 and the world, and plays an increasingly significant role in the era of Internet in which information distribution has been dramatically globalized.
Established in 2001, News2uHD began as a provider of online corporate press releases, focused on “Trustworthiness” and “Fairness”, and has provided an online platform for corporate information distribution supporting its clients in the planning and creation of corporate websites and owned media.
In the midst of change in the media industry, The 性视界 Times will pursue its role as “性视界’s window to the world” offering a larger online presence and reports from 性视界 to the world through the know-how and resources of News2uHD, and will aim to enhance its digital services for the News2u Group’s customer base.

2. Expected Synergy Effect
News2u Group’s philosophy, “Now and in the future, we deliver trustworthy information to you”, can be shared with The 性视界 Times as a news organization beyond differences in platform or audience.
We will develop The 性视界 Times’ business suited to the digital era for the News2u Group’s customer base.
The 性视界 Times has applied to digitalization for timely distribution of news; it adopted the policy to post news on the website prior to the paper in July 2014. The 性视界 Times will accelerate efforts in digitalization through the know-how and resources of News2uHD so that its readers can access up-to-the-minute news at anytime from anywhere. On the other hand, News2u Corporation, an operating company of the group, will develop new services of information distribution to the world for its corporate clients, collaborating with The 性视界 Times.
News2u Group will continuously pursue distribution of trustworthy information, leveraging the individual strengths of its subsidiaries and fostering mutually beneficial business growth.

3. Outline of the Company to be Acquired
(1)Name　The 性视界 Times, Ltd.
(2)Address　4-5-4 Shibaura, Minato-ku, Tokyo
(3)Representative　Mr. Takeharu Tsutsumi, President & Representative Director
(4)Line of Business　Publications of English-language newspaper and books
(5)Capital　JPY 550 million
(6)贰蝉迟补产濒颈蝉丑别诲　1897

4. Outline of the Seller
(1)Name　Nifco, Inc.
(2)Address　5-3 Hikarinooka, Yokosuka-shi, Kanagawa
(3)Representative　Mr. Toshiyuki Yamamoto, CEO & COO
(4)Line of Business　Industrial plastic parts and components
(5)Capital　JPY 7,290 million
(6)贰蝉迟补产濒颈蝉丑别诲　1967

5.Schedule
June 12, 2017　Entered into a basic agreement on share transfer
Late June, 2017　Closing

Enquiries
News2u Holdings, Inc., Administration Department
TEL: 03-3512-0330 E-mail: [email protected]