EMI Music Japan

EMI Music Japan Inc.
株式会社EMIミュージック・ジャパン
Subsidiary
Industry Music
Fate dissolved; carried into Universal Music Japan
Successor EMI Records Japan
Virgin EMI Records
Founded October 1, 1960 in Tokyo, Japan
Defunct April 1, 2013 (as a company)
Headquarters Akasaka Biz Tower, 3-1, Akasaka Gochome, Minato, Tokyo, Japan
Key people
 Kazuhiko Koike: President and CEO
Junya Nakasone: Senior Managing Director
Hitoshi Namekata: Managing Director
Revenue see Universal Music Group
Number of employees
 327
Parent EMI 1973 (1973)–2013 (2013)
Toshiba Corp. 1960 (1960)–2007 (2007)
Website www.emimusic.jp

EMI Music Japan Inc. (株式会社EMIミュージック・ジャパン, Kabushiki-gaisha ĪEmuAi Myūjikku Japan) (formerly Toshiba EMI (東芝イーエムアイ株式会社, Tōshiba Ī Emu Ai Kabushiki-gaisha)), was one of Japan's leading music companies. It became a wholly owned subsidiary of British music company EMI Group Ltd. in June 30, 2007 after Toshiba sold off its previous 45% stake.[1][2] Its CEO and president was Kazuhiko Koike. When EMI Music Japan was trading as Toshiba-EMI, it was involved with the production of anime. On April 1, 2013, the company became defunct, following its absorption into Universal Music Japan as a sublabel under the name EMI Records Japan.

History

The company was founded on October 1, 1960, as Toshiba Musical Industries (東芝音楽工業株式会社, Tōshiba Ongaku Kōgyō Kabushiki Kaisha). From 1962, it licensed Columbia (UK) titles for release in Japan. After an injection of capital by Capitol EMI, EMI acquired 50% of the company in October 1973, and the name was changed to Toshiba EMI Limited. On October 3, 1994, the equity ratio of the company was changed, in which EMI obtained 55% with Toshiba owning the remaining 45%. On June 30, 2007, Toshiba Corporation sold the remaining 45% stake in the company to EMI, giving EMI full ownership of the company. The name was then changed to EMI Music Japan, reflecting Toshiba's divestiture from the business.[3] In 2012, EMI Music Japan and Universal Music Group's Japanese branch was scheduled to hold a corporate swap in response to the merger by January 15, 2013, with Kazuhiko Koike serving as EMIJ's president.[4] On April 1, 2013, EMI Music Japan was officially absorbed into Universal Music Japan, became defunct as a company and has been renamed to EMI Records Japan. [5] The label continued to use the TOCT catalog code until October 2013, when it started to use the TYCT catalog code. The official website has been shut down as of October 23, 2013.[6]

After the dissolution and absorption, some of the former EMI staffs and executives has been into different companies away from Universal Music. Then-executive producer San-e Ichii has been the managing director of Japan Content Expansion Department.[7] Kazuhiko Koike (also former CEO of Universal Music Japan) has stepped down from his position as CEO by the end of 2013, nine months after the merger, and became non-executive chairman by the beginning of 2014. He was replaced by Naoshi Fujikura.[8]

Advertising slogan

EMI Music Japan's present slogan is "Music for all, All for music".

Labels

See also

References

  1. ↑ Toshiba : Press Releases 14 December, 2006
  2. ↑ by EMI Group of Toshiba Corporation's minority shareholding in Toshiba-EMI Limited
  3. ↑ http://web.archive.org/web/20070929095500/http://www.emimusic.jp/company/pdf/emi20070629.pdf
  4. ↑ Universal Music Group Japan Press Release
  5. ↑ Universal Music UK Announces Launch of Virgin EMI Records. Billboard (2013-03-18). Retrieved on 2013-07-16.
  6. ↑ EMI Records Japan UNIVERSAL MUSIC JAPAN official website notice
  7. ↑ http://asia.nikkei.com/Life-Arts/Milestone/Veteran-music-executive-helps-Japan-s-government-pump-up-the-cultural-volume
  8. ↑ http://origin1-dev-www.billboard.com/biz/articles/news/5785927/naoshi-fujikura-becomes-ceo-of-universal-music-japan
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