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- JOCDN to Allocate Shares to NHK
JOCDN to Allocate Shares to NHK
February 4, 2020
TOKYO-February 4, 2020-JOCDN Inc. (JOCDN) today announced that the Japan Broadcasting Corporation (NHK) has subscribed to a private placement of new shares in JOCDN stock. NHK became JOCDN's 18th shareholder, and the firm's capital and capital reserves increased to JPY844.9 million.
JOCDN was founded on December 1, 2016, as a video content distribution platform provider aimed at the Japanese market, and it provides high-quality, cost-effective CDN services to broadcasters and video distributors. JOCDN has been growing its service track record with TVer, a TV program streaming service operated by Presentcast Inc., and other private video streaming services, while also working on developing and offering solutions for the simultaneous online streaming of TV programs, a service which has been garnering attention in recent years.
With this share allocation, JOCDN aims to further improve the quality of its services by leveraging NHK's technical expertise, as well as the extensive streaming experience of Internet Initiative Japan Inc. (IIJ) and other private broadcasting companies. JOCDN will continue to further advance the development of technology that sustains Japan's broadcasting and communications infrastructure.
About JOCDN
| Company Profile | ||
|---|---|---|
| Name | JOCDN Inc. | |
| Established | December 1, 2016 | |
| Capital | JPY844.9 million | |
| Business activities | Providing a video content distribution platform service for use within Japan, and building and operating broadcasting systems | |
| Representative Directors | Chairman : Koichi Suzuki President : Shunichi Shinozaki |
|
| Address | Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo | |
| Shareholders | Internet Initiative Japan Inc. | Kansai Television Co. Ltd. |
| Nippon Television Network Corporation | Yomiuri Telecasting Corporation | |
| TV Asahi Holdings Corporation | Tokai Television Broadcasting Co., Ltd. | |
| Tokyo Broadcasting System Holdings, Inc. | Chukyo TV. Broadcasting Co., Ltd. | |
| TV TOKYO Holdings Corporation | Chubu-Nippon Broadcasting Co., Ltd. | |
| Fuji Television Network, Inc. | Nagoya Broadcasting Network Co., Ltd. | |
| MBS Media Holdings, Inc. | Aichi Television Broadcasting Co., Ltd. | |
| Asahi Broadcasting Group Holdings Corporation | WOWOW Inc. | |
| Television Osaka, Inc. | Japan Broadcasting Corporation (NHK) | |
About IIJ
Founded in 1992, IIJ is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers. IIJ's services include high-quality Internet connectivity services, systems integration, cloud computing services, security services and mobile services. Moreover, IIJ has built one of the largest Internet backbone networks in Japan that is connected to the United States, the United Kingdom and Asia. IIJ was listed on the First Section of the Tokyo Stock Exchange in 2006.
- For more information about IIJ, visit the IIJ Web site at https://www.iij.ad.jp/en/.
The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results.
- For inquiries, contact
-
IIJ Corporate Communications
+81-3-5205-6310 
+81-3-5205-6377 
press@iij.ad.jp
- (*) All company names and service names used in this press release are the trademarks or registered trademarks of their respective owners.
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