Part 3: Position Social Games Business as an investment area in line with concentration on SHOPLIST;Establish a subsidiary directly controlled by the president, continue to transition from high- to low-risk development approach
November 02, 2016 at 05:02 am EDT
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CROOZ, Inc. (headquarters: Minato-ku, Tokyo; CEO: Koji Obuchi) hereby announces that the Board of Directors, at a meeting held on October 13, 2016, formulated a policy for 'revising the business portfolio to persist as a long-lasting company, making SHOPLIST the brand that represents fast fashion e-commerce,' and made three decisions based on this policy. The third decision is to concentrate management resources on SHOPLIST.com while establishing a strategic subsidiary, Studio Z, Inc. (hereinafter 'Studio Z') and positioning the Social Games Business as an investment area. Studio Z will aim for one hit title with a select team led by the president himself.
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CROOZ Inc. published this content on 13 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 November 2016 09:02:06 UTC.
Original documenthttp://crooz.co.jp/en/21074.html
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CROOZ,Inc. is a Japan-based company mainly engaged in the provision of services through the Internet. The Company operates in three business segments, including the Internet Content segment, the Internet Commerce segment and the Internet Solution segment. The Company mainly involves in the provision of social games, as well as the blog sites and Internet mail order sites for women. Through the provision of social game named Mobage, the Company obtains usage fees from the users via social game platform companies. It also involves in the provision of charging contents to communication carriers, as well as the provision of licensed contents.
Part 3: Position Social Games Business as an investment area in line with concentration on SHOPLIST;Establish a subsidiary directly controlled by the president, continue to transition from high- to low-risk development approach
CROOZ, INC. 
