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    4689   JP3933800009

Z HOLDINGS CORPORATION

(4689)
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Z Holdings Agrees to Pay $1.61 Billion for Yahoo Trademark Rights in Japan

07/05/2021 | 05:39am EDT

By Kosaku Narioka

Z Holdings Corp. said Monday that it has agreed to pay 178.5 billion yen ($1.61 billion) to Verizon Media for trademark rights in Japan related to Yahoo.

The operator of Yahoo! Japan said new arrangements would terminate the existing license agreement and give the company greater flexibility to use the Yahoo brand and licensed technology in Japan without paying royalties.

Z Holdings said new arrangements would take effect after Apollo Global Management Inc. completes the purchase of Yahoo and AOL media assets from Verizon Communications Inc., which is expected in the second half of 2021.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

07-05-21 0538ET

Stocks mentioned in the article
ChangeLast1st jan.
APOLLO GLOBAL MANAGEMENT, INC. 2.39% 60.976 Delayed Quote.21.29%
VERIZON COMMUNICATIONS 0.72% 54.44 Delayed Quote.-8.03%
Z HOLDINGS CORPORATION -0.34% 732 End-of-day quote.17.23%
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More news
Analyst Recommendations on Z HOLDINGS CORPORATION
More recommendations
Financials
Sales 2022 1 568 B 14 241 M 14 241 M
Net income 2022 89 168 M 810 M 810 M
Net Debt 2022 261 B 2 370 M 2 370 M
P/E ratio 2022 65,9x
Yield 2022 0,77%
Capitalization 5 560 B 50 743 M 50 516 M
EV / Sales 2022 3,71x
EV / Sales 2023 3,25x
Nbr of Employees 22 531
Free-Float 34,5%
Chart Z HOLDINGS CORPORATION
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Technical analysis trends Z HOLDINGS CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 732,00 JPY
Average target price 728,08 JPY
Spread / Average Target -0,54%
EPS Revisions
Managers and Directors
Kentaro Kawabe President, Co-CEO & Representative Director
Takeshi Idezawa Representative Director & Co-CEO
Ryosuke Sakaue Group CFO & Senior Managing Executive Officer
Chiaki Fujimon Group Chief Technology Officer
In-Joon Hwang Chief Global Investment Office
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