Tokyo, October 4, 2019 - Rakuten, Inc. today announced that it will change the name of Rakuten subsidiary Oak Co., Ltd. to Rakuten Books Network Co., Ltd. The name change will be effective on November 1, 2019.

Overview of name change

1. New company name: Rakuten Books Network Co., Ltd.
2. Date of name change: November 1, 2019

Background of name change
The company name change to Rakuten Books Network has been made to strengthen synergies with Rakuten. The company also aims to expand its service network for bookshops based on collaborations with publishing firms and other shareholding companies.

Overview of company
Company name: Oak Co., Ltd.
Telephone number: 06-7638-9161
Business commencement date: April 1, 2016
Representative Director: Tatsuya Hattori
Business description: Sales of publications on commission

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Rakuten Inc. published this content on 21 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2019 07:10:13 UTC