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Reorganization of Subsidiaries in IT Field
Tokyo, February 28, 2006 - Impress Holdings, Inc. (TSE: 9479) today announced a restructuring via corporate separation (*1) at Impress Corporation, the Impress Groupfs subsidiary responsible for IT-related publishing media businesses and digital media businesses. The reorganization will create a three-company structure, and will be effective April 3, 2006.
1. Purpose of the Reorganization
The Impress Groupfs gManagement Reform Planh medium-term management plan aims to enhance the Groupfs specialist capabilities and increase flexibility in operations, and the Group has traditionally been managed under a structure of separate companies. In order to more thoroughly implement this policy, Impress intends to reorganize the IT-related media businesses currently being pursued by Impress Corporation as three independent companies, with each specializing in a business domain reflecting the respective customer bases of each business.
By delegating management authority to the separate companies, Impress aims to reinforce its organization in order to provide products and services that accurately address the needs of each market, while at the same time facilitating swift and flexible Group management.
2. Overview of Three Companies Following Spinoffs
Impress R&D
1) |
Representative: |
Samanobu Iseri, President/CEO |
2) |
Head office: |
20 Sanbancho, Chiyoda-ku, Tokyo |
3) |
Internet address: |
http://www.impressRD.jp/ |
4) |
Businesses: |
Utilizing information and communications technology for corporate customers (B-to-B)
(ICT-related publishing and digital media, research, electronic commerce.)
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5) |
Primary Media: |
Institute of Internet Lifestyle research reports, Internet White Papers, Rental Server Complete Guide, standard textbook series, etc. |
6) |
Corporate Logo: |
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The logo is designed using a magnifying glass motif to represent the companyfs mission to gsearchh and ginvestigate,h and can also be seen as the letter gi,h for Internet, the businessfs central theme. The Internet is said to be complex, but that complexity can be seen as the reciprocal relationship between its macro and micro aspects. The company will seek to clearly explain the changes in industry and society being brought about by the Internet, by pursuing detailed, real-life information.
The symbol can also be viewed as a human hand making a ring, and even in this digital age, this shows our belief that people are the central focus, and that collaboration among many people will bring about the next phase of society.
Impress Japan Corporation
1) |
Representative: |
Yonekazu Tsuchida, President / CEO |
2) |
Head office: |
20 Sanbancho, Chiyoda-ku, Tokyo |
3) |
Internet address: |
http://www.impressjapan.jp/ (scheduled to launch on April 3) |
4) |
Businesses: |
Providing information to help general consumers master information technology, personal computers, and other digital products (B-to-C)
(IT-related publishing media business, digital media business, and services business.)
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5) |
Primary Media: |
Digital Camera Magazine, DOS/V Power Report, Dekiru Series, CD-ROM for New Yearfs Greeting Cards, etc. |
6) |
Corporate Logo: |
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Impress Japan Corporation seeks to make it pleasant, rewarding, and enjoyable to master information technology, personal computers, and digital products. The company will provide a wide range of related media and services, as well as information on how to use those products and technologies. The company name expresses our desire to encourage active collaboration, in Japanese, between users brimming with curiosity and manufacturers that are technological leaders, thereby raising the level of creativity and contributing to the next generation of Japanese culture.
The symbol incorporates the letter gi,h expressing Impressfs DNA, combined with gjh to symbolize Japan. This presents an image of our ideal relationship of the two entities mutually affecting each other, and our desire to have an even closer relationship. The pattern between the two letters expresses gdot,h the digital symbol. When dots are concentrated together they create a surface, making a gwaveh moving back and forth between the two letters.
Air impress, inc.
1) |
Representative: |
Kazuhiko Hagiwara, President / CEO |
2) |
Head office: |
20 Sanbancho, Chiyoda-ku, Tokyo |
3) |
Internet address: |
http://www.airimpress.jp/ (scheduled to launch on April 3) |
4) |
Businesses: |
Creating new media in the Internet video market.
(Internet video distribution.)
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5) |
Primary Media: |
The Impress TV Internet broadcaster (http://impress.tv/). |
6) |
Corporate Logo: |
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Internet-based video media are constantly in a state of change. The name gair impressh expresses the idea that Internet video content is not something that resides in a wired or wireless connection, but is always in the air around us, and we want to make its existence essential to everyone.
The first of the three circles in the symbol represents gmedia,h and the second and third express gfusionh - the fusion between highly original and specialized video content and media with wired and wireless telecommunications, and the fusion between telecommunications and media.
(*1) Please refer to the separate press release gOverview of Spinoffs at Subsidiary Impress Corporationh for details regarding the restructuring via corporate separation.
(Reference)
Diagram of the Impress Group (Major subsidiaries as of April 3, 2006).
(Company names)
* Companies involved in April 3, 2006 reorganization.
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