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Name | Symbol | Market | Type |
---|---|---|---|
LINE Corporation | NYSE:LN | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 51.98 | 0 | 01:00:00 |
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LINE Corporation
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(Registrant)
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January 8, 2019
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By: /s/ In Joon Hwang
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(Signature)
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Name: In Joon Hwang
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Title: Director and Chief Financial Officer
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1.
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Reasons for Issuance of New Shares and Increase of Capital by Subsidiary
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2.
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Overview of Third-Party Allocation of New Shares to Increase Capital by Subsidiary
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(1)
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Amount to be paid
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JPY 19,800,000,000
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(2)
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Payment date
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January 16, 2019 (tentative)
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(3)
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Total capitalization after capital increase
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JPY 10,000,000,000
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(4)
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Principal shareholders and holding ratio after capital increase
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LINE Financial Corporation: 51% (tentative)
Nomura Holdings, Inc.: 49% (tentative)
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(1)
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Name
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LINE Securities Preparatory Corporation
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(2)
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Location
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4-1-6 Shinjuku, Shinjuku-ku, Tokyo
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(3)
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Name and title of representative
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Noritaka Ochiai, Representative Director
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(4)
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Business
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A preparatory corporation in order to offer remote securities brokerage and remote securities investment consultation services to the
asset-building demographic
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(5)
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Total capitalization
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JPY 100,000,000 (before capital increase)
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(6)
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Established
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June 1, 2018
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(7)
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Principal shareholders and holding ratio
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LINE Financial Corporation: 100
%
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(8)
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Relationship between The Company and LINE Securities Preparatory Corporation |
Capital relationship
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LINE Financial Corporation, a subsidiary of the Company, holds 100% of the shares issued by LINE Securities Preparatory Corporation.
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Personnel relationship
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One of the Company's executive officers serve jointly as a director at LINE Securities Preparatory Corporation.
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||
Business relationship
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There is no business relationship between the Company and LINE Securities Preparatory Corporation that should be disclosed.
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1 Year LINE Chart |
1 Month LINE Chart |
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