Z : Update on Change in the Trade Name of a Consolidated Subsidiary
September 15, 2020 at 12:06 am EDT
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September 15, 2020
To whom it may concern
Z Holdings Corporation Kentaro Kawabe President and CEO Stock Code: 4689
SoftBank Corp.
Ken Miyauchi
President & CEO
Stock Code: 9434
Update on Change in the Trade Name of a Consolidated Subsidiary
Pursuant to the announcement, "Integration of Financial Service Brands in the Z Holdings Group and Changes in the Trade Names of Consolidated Subsidiaries" dated July 31, 2020, The Japan Net Bank, Limited, a consolidated subsidiary of Z Holdings Corporation, has resolved in its Board of Directors meeting held today, that the date of change in its trade name to PayPay Bank Corporation shall take effect on April 5, 2021.
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This is an English translation of the captioned 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 15 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2020 04:04:11 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%).
Z HOLDINGS CORPORATION 
