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http://pinksheets.com/pink/quote/quote.jsp?symbol=sgamy#getQuote
SEGA and Sammy have decided to merge their businesses to create a formidable, truly comprehensive entertainment company.
Operational integration will realize a mutually complementary structure for the companies because there are very few areas in which they currently compete with each other or in which their business partners overlap. Furthermore, the SEGA SAMMY Group will be able to generate new synergies and enhanced efficiency through the optimal allocation of such Group management resources as personnel, materials, capital, and information. Also, the new holding company, SEGA SAMMY HOLDINGS INC., will be responsible for and seek to optimize overall Group management. To that end, the holding company's functions will include the formulation of plans, the management of operations, and the coordination of operational implementation by subsidiaries based on clarification of their authority and responsibilities. At present, both Sammy and SEGA are reliant on comparatively narrow operational areas. Bringing together the complementary operations of Sammy and SEGA will create a more balanced business portfolio that will rapidly mitigate both companies' dependence on narrow operational areas. In other words, we are confident that we will be able to quickly construct a sustainable, well-balanced operating platform after the merger.
Company name SEGA SAMMY HOLDINGS INC.
Address Shiodome Sumitomo Building 21F, 1-9-2 Higashi Shimbashi, Minato-ku, Tokyo
URL http://www.segasammy.com
Established October 1, 2004
Capital 29,900 million yen (As of March 31, 2007)
Organization
Principal business Management of SEGA SAMMY group as the holding company.
Chairman of
the Board and
Chief Executive Officer Hajime Satomi
(Chairman, Representative Director and Chief Executive Officer., SEGA CORPORATION and Chairman, Representative Director and Chief Executive Officer, Sammy Corporation)
Executive Vice President
and Representative
Director Keishi Nakayama
Vice Chairman and Director Hisao Oguchi
Senior Managing Director Tadashi Ishida
Director Toru Katamoto
Director Akio Kioi
Director Yuji Iwanaga
Standing
Corporate Auditor Kazutada Ieda
Corporate Auditor Toshio Hirakawa
Corporate Auditor Hisashi Miyazaki
Corporate Auditor Mineo Enomoto
Senior Executive Officer Hideo Yoshizawa
Senior Executive Officer Koichi Fukazawa
Executive Officer Tetsushi Ikeda
Executive Officer Takatoshi Akiba
Number of Employees 134 (As of March 31, 2007)
Number of shares authorized for issue
800,000,000 shares
Total shares issued and outstanding
283,229,476 shares
As of May 31, 2006.
Latest Reports and Releases:
http://www.segasammy.co.jp/english/pdf/release/042508_adjustment.pdf
http://www.segasammy.co.jp/english/pdf/release/20080425_jinji_e_final.pdf
