Brief: Avex unit to set up JV FLAGSHIP LINE with Graphinica

Avex

02/07/2018 05:51

July 2 (Reuters) - Avex Inc  7860.T  
    
    * Says its unit Avex Pictures Inc. will set up a JV FLAGSHIP
LINE
Inc, with Graphinica,Inc., which is unit of Memory-Tech Holdings
Inc., In July 
    * Says the JV will be engaged in planning, development and
production of animation, games and VR 
    * The JV will be capitalized at 50 million yen 
    * Says unit Avex Pictures Inc., will hold 60 percent stake
in the
JV 

    
    Source text in Japanese:https://goo.gl/8bSdPD
    Further company coverage: 7860.T 

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