Notice of Acquisition of Shares of NHN Hange Corporation (Making it a Subsidiary)
※This article is machine translated.
We are pleased to announce that as of August 1, 2019, we have acquired all shares of “NHN Hangame Corporation (“NHN Hangame”)” from NHN JAPAN Corporation, making NHN Hangame a wholly owned subsidiary.
As a result, NHN Hangame Corporation will change its company name to “cocone fukuoka corporation” as of today, and will continue to provide “Hange” services in Japan as a Cocone Group company.
The service name is scheduled to be changed from “Hange” to “Hange”, and the change will be implemented gradually from September 2019.
Hange,” a game portal service operating in Japan, was founded in 2000 by our Chairman of the Board, Mr. Ryohyun Sen. Nineteen years have passed since its establishment, and it is of great significance for us to welcome the Hange business in Japan to our group in the first year of the 20th year of the 20th lunar month. We have been developing our avatar business and focusing on the “CCP (Character Coordinating Play)*” service, which allows users to enjoy coordinating their characters.
Hange, which has been operating online games for 19 years since the dawn of online gaming and has developed highly compatible services such as avatars, will join the Kokone Group, creating a high level of synergy based on the service know-how of both companies. We hope that the addition of “Hangame,” which offers highly affluent services such as Avatar, to our group will create a high level of synergy based on the service know-how of both companies and lead to the strengthening of the services of the entire Kokone group. We will take this opportunity to further strive to create services that will be loved by our customers.
We look forward to your continued patronage.
” “CCP “
We have defined the “CCP” genre as services that have “Character”, “Coordinating” elements, and “Play”. Cocone is a company that handles planning, development, design, operation, and marketing of “CCP” services, such as “social services for decorating” and “games with decorating elements,” all in-house, and has world-class know-how and achievements in the field.
record
<Subsidiary Information
New company name: cocone fukuoka corporation (Former company name: NHN Hange Corporation)
New Representative: President and Representative Director, Shin Nao-Shin
Location: Echo Building 4F, 2-13-34, Hakataekihigashi, Hakata-ku, Fukuoka City, Fukuoka Prefecture
Business description: “Hange” business in Japan
Capital: 495 million yen
Established: January 2009
*Both the change to the new company name and the appointment of a new representative will be effective as of August 1, 2019.
<About the service name
The current “Hange” will be changed to “Hange”.
We will gradually address the changes from September 2019 onward.
That’s all.
August 1, 2019
Cocone Corporation
President and Representative Director Sung-Hun Kim
