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iXIT Corporation

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iXIT Corporation
Native name
iXIT kabushiki gaisha
Kabushiki gaisha iXIT Kōporēshon
FormerlyIndex Corporation(2014-2016)
Company typeSubsidiaryKK
IndustryInformation and communications technology
FoundedApril 1, 2014
Headquarters
Taishidō,Setagaya,Tokyo
,
Key people
Shunichi Nakaigawa(President and Representative Director)[1]
Number of employees
103[2](2019)
ParentExcite Japan Co., Ltd.
Websitewww.ixit.co.jp

iXIT Corporation(iXIT kabushiki gaisha,Kabushiki gaishaiXIT Kōporēshon),formerly known asIndex Corporation(Kabushiki gaisha インデックス,Kabushiki gaisha Indekkusu Kōporēshon),is a Japanese corporateinformation and communications technologycompany owned by Sawada Holdings.

"Index Corporation" was a corporate name used by three different Japanese companies, between 1997 and 2016, the last one being founded in April 2014. All three incarnations of Index Corporation have been linked to the video game brandAtlusat one time or another. The original Index Corporation was founded in 1995 and acquired Atlus in 2006. It went bankrupt in June 2013 while still owning Atlus.

In September 2013,Segacreated the shell corporation Sega Dream Corporation with the sole intent of purchasing the assets of Index Corporation. Sega Dream was renamed Index Corporation in November 2013 and gained possession of Atlus' name and intellectual properties. On April 1, 2014, the new Index Corporation was renamed Atlus, but was amputated from its non-gaming business that Sega transferred the same day to a new company called Index Corporation. In 2015, Sega sold Index Corporation to Sawada Holdings. Index Corporation was renamed as iXIT Corporation in July 2016.

History

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Index Corporation
Native name
Kabushiki gaisha インデックス
Kabushiki gaisha Indekkusu Kōporēshon
FormerlyNozark BNS (1995-1997)
Index Corporation (1997-2006)
Index Holdings (2006-2010)
Company typeKabushiki gaisha
Subsidiary
IndustryInformation and communications technology
FoundedSeptember 1, 1995(1995-09-01)
DefunctSeptember 5, 2013(2013-09-05)
FateBusiness operations taken over bySega.Assets absorbed intoSega Dream Corporation.
Headquarters,
Key people
Yoshimi Ochiai(President)
Revenue¥39.379 million
ParentSega
DivisionsAtlus
SubsidiariesCareer Soft
Index Asia Ltd.
Index Digital Media

Index Corporation Ltd. was founded on 1 September 1995 as a mobile content service provider. It adopted the name of Index by 1997 and expanded into one of Japan's most successful companies, with acquisitions into several communications and entertainment ventures, including theanimestudioMadhouse,game companiesAtlusandInterchannel,and majormovie studioNikkatsu.It also made inroads into numerous worldwide ventures, including theUnited States,United KingdomandFrance,where it owned the football clubGrenoble Foot 38,which, upon Index's acquisition, achieved promotion toLigue 1.[3]Up to 2013, Index Corporation had sold most of its subsidiaries. In June 2013, following investigations for fraud, Index Corporation was forced to file for civil rehabilitation bankruptcy.

On November 9, 2010, Index Holdings ( kabushiki gaisha インデックス・ホールディングス) announced its renaming to Index Corporation ( kabushiki gaisha インデックス), to be confirmed on the 15th shareholders meeting on 25 November 2010, effective on 1 December 2010.[4][5]On June 27, 2013, following an investigation for fraud,[6]Index Corporation filed forcivil rehabilitationbankruptcydue to a debt consisting of 24.5 billion yen.[7][8][9]

On September 18, 2013, it was reported thatSega Sammy Holdingshad won a bid to acquire Index for 14 billion yen.[10]Sega Sammy Holdings denied taking over Index Corporation at first,[11]however it announced later that day that Index Corporation would sell the digital game business, contents and solution business, and amusement business to Sega Dream Corporation ( kabushiki gaisha セガドリーム), a subsidiary of Sega Corporation established on September 5, 2013 effective on November 1, 2013. The sales covered fixed assets and intellectual property assets of the announced operations, which included Atlus Holding, Inc. (parent company of Index Digital Media, Inc.), Tiger Mob Limited, Index Corp (Thailand) Ltd., Mobi Town Ltd. However, liabilities including interest-bearing debts would not be taken over.[10][12][13][14]On November 1, 2013, Sega announced that it will rename its subsidiary, Sega Dream Corporation, to Index Corporation ( kabushiki gaisha インデックス).[15]On February 18, 2014, Sega and Index Corporation announced the separation of Index Corporation's contents and solution businesses into a new subsidiary under the name 'Index Corporation' ( kabushiki gaisha インデックス), while renaming the 'old' Index Corporation and its remaining digital game business division into 'Atlus' ( kabushiki gaisha アトラス), effective on April 1, 2014. The new Atlus would also include the foreign subsidiary Index Digital Media, Inc., which would be renamed to Atlus U.S.A., Inc. at the effective establishment day of the new Atlus.[16][17]

On May 28, 2014, Masami Ochiai, Chairman of the former Index Corporation, and his wife Yoshimi Ochiai, president of the company, were arrested by the Tokyo District Public Prosecutors Office on suspicion of falsifying stock reports for the company.[18]

On December 1, 2015, as part of a structural reform within theSega Sammy Holdingsgroup, Sega Holdings sold its shares of Index Corporation to Sawada Holdings, a firm owned byH.I.S.founder Hideo Sawada. Through this business transfer, Index Corporation became a wholly owned subsidiary of Sawada Holdings.[19]On July 1, 2016, Index Corporation changed its name to iXIT Corporation.[20]

Index Asia Ltd

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The logo for the reformed Index Corporation underSega.This logo is currently used by Index Asia Ltd.

Index Asia Ltd., formerly known as Index Corporation Thailand Ltd., is a mobile content and service provider in Thailand that was established in April 2002. Once Index Corporation Thailand Ltd. was amalgamated with Mobi Town Ltd., and Tiger Mob Ltd., the company was re-branded as Index Asia Ltd.[21]

They are a subsidiary of iXIT Corporation that provides mobile software application, licensing and application development services within Thailand. Index Asia Ltd. has a distinctive business structure with three primary services, the Game Publishing & Game Management Services: the service dedicated to video game development and publishing, the Application Development & Solution Provider: the services dedicated to original mobile application developments, and the Mobile Content Aggregator & Provider Services: the services dedicated to mobile content and licensing distribution.[22]

Index Corporation Thailand Ltd., was renamed to Index Asia Ltd. effective 1 July 2015. This was achieved through an amalgamation of Index Corporations remaining subsidiaries: Mobi Town Ltd. and Tiger Mob Ltd. being absorbed into Index Corporation Thailand Ltd. and the surviving company being renamed to Index Asia Ltd. The process was accomplished in the Ministry of Commerce of Thailand.[23]

On December 1, 2015, when the Sega Holdings group sold its shares of Index Corporation to Sawada Holdings, Index Asia Ltd. was transferred over alongside Index Corporation.

Former subsidiaries

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Name Purpose Outcome Ref.
Index Magazines Corporation ( kabushiki gaisha インデックス・マガジンズ) Magazine Subsidiary. Absorbed into Index Communications Corporation effective 22 August 2005. [24]
Nikkatsu Corporation( ngày sống kabushiki gaisha ) Japanese motion picture subsidiary. Transferred to SKY Perfect Communications Inc. effective December 2005. [25][26]
Style Index Co., Ltd. (スタイル・インデックス kabushiki gaisha ) Index Corporation subsidiary. Absorbed into Index Corporation effective 22 August 2005. [24]
Index Media Co., Ltd. (インデックス ミーメディア kabushiki gaisha )
POLLEX ( kabushiki gaisha ) Video game publishing subsidiary for South Korea. Absorbed into Hyundai-Index Corporation effective 15 July 2009. [27]
Hyundai-Index Corporation ( hiện đại インデックス kabushiki gaisha ) Japanese wholesale and electronics subsidiary. Became an independent company effective 15 July 2009. [27]
C&C Media Co., Ltd. ( kabushiki gaisha シーアンドシーメディア) Online video game publishing subsidiary. Transferred over to Perfect World Co., Ltd. effective 1 February 2010. [28][29]
Index Europe Holdings Limited European subsidiary for Index Corporation activities. Dissolved effective 30 June 2010. [30]
Netindex ES ( kabushiki gaisha ネットインデックス・イー・エス) Communications device subsidiary. Merged into Netindex Inc. effective 1 November 2010. [31][32]
Net mobile Inc. ( kabushiki gaisha ネットモバイル) Software marketing subsidiary.
MadhouseInc. ( kabushiki gaisha マッドハウス) Japanese animation subsidiary. Transferred over to NTV effective 8 February 2011. [33]
Dynamo amusement, Inc. ( kabushiki gaisha ダイナモアミューズメント) CG production studiosubsidiary. Became independent company effective 18 March 2011. [34][35][36][37]
Rosso Index K.K. ( kabushiki gaisha ロッソインデックス) Digital gaming publishing subsidiary. Transferred to C FACTORY Co., Ltd. effective 27 July 2011. [29][38][39][40][41][42]
Index Corporation ( kabushiki gaisha インデックス) Mobile gaming subsidiary. Merged with Atlus Co. effective On 30 August 2011. [43][44][45]
NCXX Inc. ( kabushiki gaisha ネクス) Mobile and wireless service subsidiary. Transferred to Fisco Ltd. effective July 2012. [46]
TEMO Inc. ( kabushiki gaisha テモ) Search application provider. Absorbed into Index Corporation effective 1 November 2012. [47]
InterchannelCo., Ltd. ( kabushiki gaisha インターチャネル) Video game development subsidiary. Video game assets transferred toGungHo Online Entertainmenteffective 1 November 2007. Interchannel brand dissolved effective 5 September 2013. [48]
AtlusCo., Ltd. ( kabushiki gaisha アトラス) Transferred toSega Sammy Holdingseffective 5 September 2013. [49]
Index Digital Media, Inc. (Atlus U.S.A.) Video game publisher and licensor subsidiary for North American markets. [50]
Index Multimédia SA (インデックス・マルチメディア) Multimedia platform service subsidiary for France. Dissolved effective 17 October 2013. [51][52][53]
Mobi Town Ltd. Index Corporation subsidiary. Absorbed into Index Asia Ltd. effective 1 July 2015. [21]
Tiger Mob Ltd.

References

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  1. ^Sawada Holdings Group
  2. ^"IXIT kabushiki gaisha (イグジット kabushiki gaisha )".
  3. ^"Grenoble Foot 38 celebrates the long awaited opening of its new professional soccer stadium, 'Stade des Alpes'".Index Corporation. Archived fromthe originalon 2 October 2011.Retrieved26 January2011.
  4. ^Hiệu buôn 変 càng および định khoản một bộ 変 càng に quan するお biết らせArchived2013-11-02 at theWayback Machine
  5. ^"Index Holdings to Change Company Name".Reuters. 9 November 2010.Retrieved23 September2012.[permanent dead link]
  6. ^"Atlus parent company files for Bankruptcy".Siliconera. 27 June 2013.
  7. ^"ATLUS' Mother Company Index Corporation Files for Bankruptcy".Dual SHOCKERS. 27 June 2013. Archived fromthe originalon 9 October 2016.Retrieved5 December2016.
  8. ^"Atlus Games' Index Corporation Files for Civil Rehabilitation Bankruptcy".Siliconera. 27 June 2013.
  9. ^Dân sự tái sinh tay 続 bắt đầu の thân lập てに quan するお biết らせ
  10. ^abShigeru Sato & Takahiko Hyuga (18 September 2013)."Sega Said to Win Auction to Buy Bankrupt Japan Gamemaker Index".Bloomberg.Retrieved18 September2013.
  11. ^Nikkei: Sega Sammy to Buy Out Atlus Games' Index Corporation
  12. ^Kabushiki gaisha インデックス の sự nghiệp 譲 chịu けに quan する khế ước ký kết について
  13. ^Kabushiki gaisha インデックス の sự nghiệp 譲 chịu けに quan する khế ước ký kết について
  14. ^"Notice of Conclusion regarding Business Transfer Agreement of Index Corporation"(PDF).Sega Sammy Holdings Inc. 18 September 2013. Archived fromthe original(PDF)on 27 September 2013.Retrieved18 September2013.
  15. ^Đương xã tử hội xã の sự nghiệp 譲 chịu に quan するお biết らせ(in Japanese). Sega Corporation. 1 November 2013. Archived fromthe originalon 6 November 2013.Retrieved2 November2013.
  16. ^"Hội xã phân cách ( tân thiết phân cách ) cập び hiệu buôn 変 càng に quan するお biết らせ"(PDF).Archived fromthe original(PDF)on 2014-03-07.Retrieved2014-03-07.
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  18. ^2014-06-17Heads of failed game developer Index Corp. indicted for fraud
  19. ^"Notice of Conclusion of Transfer Agreement of Subsidiary's Shares (Index Corporation) by Subsidiary (SEGA Holdings Co., Ltd.)"(PDF).Sega Sammy Holdings. 27 November 2015.Retrieved22 March2017.
  20. ^"Company Name Change - Index Corporation"(PDF).Sawada Holdings. 27 June 2016. Archived fromthe original(PDF)on 2016-08-21.Retrieved27 June2016.
  21. ^abEstablishment of Index Asia Ltd. from the amalgamation process
  22. ^"Index Asia Ltd, Business Structure".Archived fromthe originalon 2016-12-02.Retrieved2016-12-10.
  23. ^"Index Asia Ltd, Corporate History".Archived fromthe originalon 2016-12-20.Retrieved2016-12-10.
  24. ^ab"インデックス, chiến lược なCI xác lập に hướng けてグループ tử hội xã 3 xã の xã danh を変 càng, xuất bản bộ môn 2 xã を xác nhập".Archived fromthe originalon 2013-11-02.Retrieved2013-04-03.
  25. ^Ngày sống cây thức một bộ 譲 độ の お biết らせ
  26. ^Acquisition of Nikkatsu Corporation Shares
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  30. ^"Đương xã tử hội xã ( Index Europe Holdings Limited ) の giải tán cập び thanh toán に quan するお biết らせ"(PDF).Archived fromthe original(PDF)on 2009-12-29.Retrieved2013-04-03.
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  34. ^Xã danh 変 càng について の お biết らせ
  35. ^Xã danh 変 càng の ご án nội
  36. ^DYNAMO AMUSEMENT
  37. ^"ダイナモピクチャーズ".
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  39. ^2010/02/01 xã danh 変 càng の お biết らせ
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  41. ^2011/08/1 thân hội xã の dị động に quan するお biết らせ
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  43. ^"History".Square Enix Holdings. Archived fromthe originalon 2012-03-01.Retrieved2009-12-04.
  44. ^Đương xã liên kết tử hội xã の hút thâu xác nhập に quan するお biết らせ ( giản dị xác nhập ・ lược thức xác nhập )Archived2013-11-02 at theWayback Machine
  45. ^インデックス・ホールディングス, liên kết tử hội xã の hút thâu xác nhập に quan するお biết らせ ~グループ価 trị lớn nhất hóa を đồ りインデックス, アトラス の 2 xã を hút thâu xác nhập ~Archived2013-04-28 at theWayback Machine
  46. ^"Company Profile|About FISCO|FISCO".
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  48. ^Thomson Financial.Thomson Financial.October 15, 2007. p. 39.
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  51. ^123 becomes Index Multimedia[permanent dead link]
  52. ^INDEX MULTIMEDIA,decision from theTribunal de Commerceof Toulouse
  53. ^INDEX MULTIMEDIA: Decision of the Toulouse Court of Commerce
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