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Sojitz to Dissolve ARM Subsidiary for Anime Overseas
posted on by Egan Loo
February dissolution not expected to affect FUNimation's licenses
The Japanese general trading company FUNimation Entertainment.
When Sojitz indirectly transfered the rights to more than 30 of its titles to FUNimation.
JCI established ARM as a wholly owned subsidiary in April of 2006 with 492,092,500 yen ($5 million) in capital. JCI was itself established by Sojitz (64%), the Development Bank of Japan (28%), and The Klockworx Co., Ltd. (8%).
Source: animeanime.jp
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