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Notice Regarding Partial Business Transfer and Absorption-Type Merger of Eggs Co., Ltd. – Aiming for Further Revitalization of the Music Market

NQ Score 56/100

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Frequently Asked Questions

Q: What is the main purpose of the business transfer and merger involving Eggs Co., Ltd.?
A: The main purpose is to accelerate the optimization of management resources and business efficiency, aiming for further revitalization of the music market and sustainable development of the music industry.
Q: Which specific businesses of Eggs Co., Ltd. are being transferred to Tokyu Corporation?
A: The 'Platform Business (Eggs Media, GIGGS)' and 'Agent Business' of Eggs Co., Ltd. are being transferred to Tokyu Corporation.
Q: What will happen to the 'Distribution Business (Eggs Pass)' after these changes?
A: The 'Distribution Business (Eggs Pass)' will be operated directly by RecoChoku Co., Ltd. after the business transfer and merger.
Q: When will the business transfer of Eggs Co., Ltd.'s platform and agent businesses to Tokyu Corporation become effective?
A: The business transfer of Eggs Co., Ltd.'s platform and agent businesses to Tokyu Corporation will become effective on March 31, 2026.
Q: Why was Tokyu Corporation chosen as the transferee for Eggs Co., Ltd.'s platform and agent businesses?
A: Tokyu Corporation was chosen because it shares the philosophy of contributing to music culture development through support for indie artists and its existing offerings have high complementarity with Eggs' businesses.