Tomy to invest in Index Holdings
2, 14. 2008
The leading toy maker Tomy Co. announced on Feb. 4, 2008 that it will invest in the major IT-related company Index Holding, Tomy's largest shareholder. Tomy will underwrite shares to be newly issued by Index Holding for third-party allocation. The value of the shares to be underwritten will be about 2.5 billion yen in value, and Tomy will become the second largest shareholder of Index Holding with a holding rate of 6.66%.
The two companies are aiming at strengthening their relationship. Index Holdings' subsidiary Nikkatsu, Madhouse, Atlus and Index are to set up a joint copyright produce company, Main Entertainment, by the end of February.