Z : Notice Regarding Transition to the Prime Market in the New Market Segments
January 11, 2022 at 02:28 am EST
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January 11, 2022
To whom it may concern
Z Holdings Corporation Kentaro Kawabe
President and Representative Director, Co-CEO Stock Code: 4689
Notice Regarding Transition to the Prime Market in the New Market Segments
Z Holdings Corporation (hereinafter "Company") hereby announces that it will transition to the Prime Market from April 4, 2022, as per the selection results of the new market segments announced by Tokyo Stock Exchange, Inc. on January 11, 2022.
To gain the support of its shareholders, the Company will remain committed to achieving sustainable growth and enhancing its corporate value over the medium to long term.
Disclaimer
This is an English translation of the release. This translation is prepared and provided for the purpose of the reader's convenience. All readers are recommended to refer to the original version in Japanese of the release for complete information.
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Z Holdings Corporation published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 07:27:03 UTC.
Z Holdings Corporation is a holding company organized around 3 areas of activity:
- operation of e-commerce portals (69.5% of net sales): primarily operation of the Yahoo! Japan Shopping, PayPay Mall, ASKUL, Lohaco, Zozotown, Line Friends and Line Gift online stores. In addition, the group operates online auction platforms (Yahuoku!, PayPay Flea Market, etc.), online hotel and travel booking platforms (Yahoo! Japan Travel, Ikyu Travel, etc.) and electronic payment and financial services platforms (PayPay Card, PayPay Bank, LINE Securities, etc.) ;
- media services (28.2%): Internet advertising and marketing services, operation of generalist portals providing Internet tools and services (search engines, e-mail, discussion forums, electronic diaries, instant messaging, etc.), and content ( e-books, video content, thematic directories, news, etc.);
- other (2.3%).