Japanese music and entertainment company Avex Group established a North American subsidiary company named Avex International Holding Corporation in Delaware in June.
Avex International Holding Corporation then established a California-based subsidiary named Avex International Inc. in the same month.
Avex International Holding Corporation has capital stock worth 1 million U.S. dollars, with Avex Group CSO Ryūhei Chiba named as CEO.
Avex International Inc. also has capital stock worth 1 million U.S. dollars, with Avex corporate executive Richard Blackstone named as CEO.