Dwango (company)

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DWANGO Co., Ltd.
Native name
株式会社ドワンゴ
Kabushiki gaisha Dowango
Kabushiki gaisha
Subsidiary
Traded asTYO: 3715 (until September 26, 2014)
IndustryEntertainment
FoundedAugust 6, 1997 (1997-08-06) in Tokyo, Japan
HeadquartersTokyo, Japan
Area served
Worldwide
Key people
Takashi Araki
(President)
ParentKadokawa Corporation
SubsidiariesSpike Chunsoft
Mages
Vantan Inc.
Websiteinfo.dwango.co.jp

DWANGO Co., Ltd. (株式会社ドワンゴ, Kabushiki gaisha Dowango) is a telecommunications and media company based in Japan, headed by Nobuo Kawakami. The company is now a wholly owned subsidiary of Kadokawa Dwango Corporation. The company was spun off from a U.S.-based service offering online multiplayer for video games, DWANGO (Dial-up Wide-Area Network Game Operation), which was shut down in 1998. Dwango's majority shareholders until its merger with Kadokawa Corporation included Kawakami himself, Kadokawa Corporation, and Avex Group. Dwango runs the popular Japanese video sharing site Niconico. The company also is the 100% owner of the game developer Spike Chunsoft. In November 2013, it was confirmed Nintendo purchased 612,200 or 1.5% shares of the company at the request of Nobuo Kawakami.[1][2]

On May 14, 2014, it was announced that Dwango and Kadokawa Corporation would merge on October 1, 2014, and form the new holding company Kadokawa Dwango Corporation. Both Kadokawa and Dwango became subsidiaries of the new company.[3][4] In February 2019, Kadokawa Dwango announced that Dwango would stop being their subsidiary to be a direct subsidiary of Kadokawa Corporation in a reorganization of the company.[5]

References[edit]

  1. ^ Amano, Takashi (November 15, 2013). "Nintendo Rises After Buying Stake in Web Company Dwango". Bloomberg News. Archived from the original on December 3, 2013. Retrieved April 13, 2015.
  2. ^ "dwango co ltd (3715:Tokyo)". Bloomberg Businessweek. November 15, 2013. Archived from the original on December 3, 2013. Retrieved April 13, 2015.
  3. ^ Schilling, Mark (May 14, 2014). "Kadokawa and Dwango to Merge". Variety. Retrieved April 13, 2015.
  4. ^ "Publisher Kadokawa, Internet firm Dwango complete merger". The Japan Times. October 1, 2014. Retrieved April 13, 2015.
  5. ^ Ressler, Karen. "Nobuo Kawakami Steps Down as Kadokawa Dwango President". Anime News Network. Retrieved 16 February 2019.

External links[edit]