Sega will sell Index on December 1st

[Trippled]

https://www.segasammy.co.jp/english/pdf/release/20151127_kogaisha_e_final.pdf


"All shares of Index Corp. will be transferred to Sawara Holdings Co, Ltd."



Well some will associate Index still with Atlus, but the Index package bought by Sega in 2013 brought Atlus with it. They split the company into two afterwards, in Atlus and Index.


Index just kinda alligns with the rest of the small digital/service companies of Sega Sammy that make no...noticable inpact on revenue and earnings. Sega Sammy got rid alot of smaller companies in the past (after acquiring them for no reason), that were in the "others" business segment, and not in core business ones.


So I guess the legacy of Sega acquiring Index will be "we want you for Atlus, you Index guys can go away bye"

[FlareHabanero]

Never heard of Index.


What did that company even do?

[Sharky]

Never heard of Index.


What did that company even do?

They were the parent company of Atlus.

[EnternalHope]

https://www.segasammy.co.jp/english/pdf/release/20151127_kogaisha_e_final.pdf


"All shares of Index Corp. will be transferred to Sawara Holdings Co, Ltd."



Well some will associate Index still with Atlus, but the Index package bought by Sega in 2013 brought Atlus with it. They split the company into two afterwards, in Atlus and Index.


Index just kinda alligns with the rest of the small digital/service companies of Sega Sammy that make no...noticable inpact on revenue and earnings. Sega Sammy got rid alot of smaller companies in the past (after acquiring them for no reason), that were in the "others" business segment, and not in core business ones.


So I guess the legacy of Sega acquiring Index will be "we want you for Atlus, you Index guys can go away bye"

I don't think you understand what's really going on. When SEGASammy brought  Atlus/Index in 2013(who was at the time facing bankruptcy) they took over as both its shareholder and new parent company.


They converted Index into a logistics and consultant firm for managing investments for SEGASammy.




What SEGA Holdings,Ltd is doing is basically selling Index off to a new investor/investment group, not a new company. Sawada will basically acquire Index Corporation's shares and will invest in continuing operations and services for Index as SEGA Games,Ltd will continue to run and operate Atlus.


This has zero affect on SEGA Holding's ownership of Atlus, its basically SEGA Holdings allotting shares to a new investor to remove liability and any operating loss risks.


"As part of reviewing a business portfolio held by the Group and pressing further ahead with business restructuring, shares of Index Corporation will be transferred as described below. Furthermore, Index Corporation and the Group intend to maintain a mutually friendly relationship going forward, including business ties."

[Trippled]

"Transferring shares"...doesnt this mean selling?

Also, Index is a digital content/service company...it wasn't transformed to that new business you are referring to.

[EnternalHope]

"Transferring shares"...doesnt this mean selling?

Also, Index is a digital content/service company...it wasn't transformed to that new business you are referring to.

Yes it was. They were Atlus' parent company. When SEGA purchased Atlus in 2013, they converted its former parent company Index Corp into a logistics and Solutions business part of Index business is digital content delivery services.


 "Index Corporation Business description: Contents and Solutions Business and related businesses Head office Carrot Tower, 4-1-1 Taishido, Setagaya-ku, Tokyo Representative Yasuhiko Hamada, President and Representative Director Capital (as of end of March 2015) 10 Million Yen Date of establishment April 1, 2014"




"Transferring Shares" means your selling them to a new Investment Group or Investor. Sawada Holdings is not a company, its an Private Investment Group, one of the largest in Japan.


Here, I'll show you.


https://www.google.com/finance?cid=723967906006712


http://listofcompanies.co.in/sawada-holdings-co-ltd/

[Trippled]

Hmmm...I guess. The phrase "Index Corporation and the Group intend to maintain a mutually friendly relationship going forward, including business ties." kinda indicates that they will go seperate ways. I guess we'll see 1st December if they are still in the SegaSammy Group

[EnternalHope]

Hmmm...I guess. The phrase "Index Corporation and the Group intend to maintain a mutually friendly relationship going forward, including business ties." kinda indicates that they will go seperate ways. I guess we'll see 1st December if they are still in the SegaSammy Group

The SegaSammy group won't be in operation much longer anyway. By the end of next year, it'll be officially dissolved. Like I said, SEGA Holdings,Ltd will assume duties for the whole group once they start public trading.




Index Corporation will still be owned and managed by SEGA Holdings,Ltd. The New Investment Group Sawada's job will be to assist SEGA Holdings,Ltd in financial securities and logistics for Index.


The fact that SEGA has even partnered up with a Brokerage Private Investment Firm means they are gradually preparing to split the Sega Sammy group as a whole. Which in my opinion is grand news for SEGA from a stock market standpoint.

[Trippled]

I dont think Sammy will ever break away from the SegaSammy brand name.

Sega's assets are vital for new businesses (casinos, resorts, digital games). However Sammy's pachinko/pachislot business provides 70% profit of the group, providing the financial ground for everything...you cannot erase the name, it would make no sense from a shareholder perspective.

[EnternalHope]

I dont think Sammy will ever break away from the SegaSammy brand name.

Sega's assets are vital for new businesses (casinos, resorts, digital games). However Sammy's pachinko/pachislot business provides 70% profit of the group, providing the financial ground for everything...you cannot erase the name, it would make no sense from a shareholder perspective.

Yes they will. I don't think you understand. Sammy Corporation itself is barely existent anymore. There's little if just about nothing left of the Panchinko Giant that purchased SEGA Corporation,Inc in 2004. The reason why the profit margin is so substantially large is because Sammy is now a Wholly Owned Subsidiarity of Sega. And has been since August 26,2010. There's only ONE remaining division of Sammy left bearing its name and that's Sammy Networks which is the sister company of Sega Networks,Inc. The other few divisions are basically now just financial services and management firms.


The Panchinko/Pachislot business is the only thing left of Sammy's actual business. Under the direction and assistance of Naoya Tsurumi, Haijime Satomi pretty much cut his company down to size  absorbing it into SEGA. Even the Panchinko Business is no longer done by Sammy. That's handled and manufactured by Taiyo.


Sammy is irrelevant from an investor and stock market standpoint. SEGA pretty much now represents 90% of the SEGASammy group.


Hench why Sega Corporation,Inc was dissolved and why a new Holdings group was formed within SEGASammy.


Trust me, SegaSammy will eventually be replaced by SEGA Holdings,Ltd. There's a reason why US Trademark Registration was cancelled and has not been renewed. The 10 year International Registration in both the WIPO and the International Bureau will be allowed to expire.

[Trippled]

Sammy is irrelevant from an investor and stock market standpoint. SEGA pretty much now represents 90% of the SEGASammy group.

Not if they provide 80% of the revenue. The one who is relevant is who makes the most money.

[EnternalHope]

Not if they provide 80% of the revenue. The one who is relevant is who makes the most money.

 SegaSammy has been investing less and less into Panchinkos the past few fiscals. They're selling fewer and fewer machines and are operating less and less Panchinko Machines.


And MAJORITY of SEGA's revenue is no longer coming from the Panchinko and Panchislot business. It's coming mostly from Theme Parks,Resorts and Casinos. As well as *Ahem" SEGA's Heart & Soul "The Arcade Amusement Business". The other half is coming from SEGA Toys, Sega Networks, TMS Anime and Sega Amusements/Sega Interactive. The Pachinko Business now makes up half of its revenue.

[Trippled]

https://www.segasammy.co.jp/english/ir/library/pdf/stockholder/2015/201503_kabutsu_e_final.pdf

Page 7, "Pachinko/Pachislot business, main pillar of the groups revenue."


Even if it is half the revenue, thats still good enough reason to not erase the Sammy name.

[Sharky]

 SegaSammy has been investing less and less into Panchinkos the past few fiscals. They're selling fewer and fewer machines and are operating less and less Panchinko Machines.


And MAJORITY of SEGA's revenue is no longer coming from the Panchinko and Panchislot business. It's coming mostly from Theme Parks,Resorts and Casinos. As well as *Ahem" SEGA's Heart & Soul "The Arcade Amusement Business". The other half is coming from SEGA Toys, Sega Networks, TMS Anime and Sega Amusements/Sega Interactive. The Pachinko Business now makes up half of its revenue.

You are absolutely delusional... Any end of year report will tell you the exact opposite.

If the Resort business is making money it has only just started because last time I checked it was still in the construction phase and SEGA were pouring money INTO it... And to say the Arcade industry is where SEGA are making the most? You're living in a fucking dream world...

[CrazyT]

Wow. So wait. Atlus wont be under SEGA anymore?