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3031 Raccoon Holdings News Story

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Brief: Raccoon updates transition to holding company structure and says change of company name

June 8 (Reuters) - Raccoon Co Ltd  3031.T  
    
    * Says it will restructure the company into a holding
company,
effective Nov. 1
    * Says it will transfer EC business to a new split
preparatory
company and Paid business to a Tokyo-based wholly owned
guarantee business unit 
    * Says it will change company name to RACCOON HOLDINGS, Inc,
effective Nov. 1 

    
    Source text in Japanese:https://goo.gl/fSQRUq
    Further company coverage: 3031.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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