Memory-Tech Holdings fully acquired Pony Canyon subsidiary Pony Canyon Enterprises in March 2018 after purchasing 100% of its capital stock.
Memory-Tech announced on Friday that its post-production firms Q-Tec and Pony Canyon Enterprises will merge into a new company called qooop, Inc. on October 1.
The new company will utilize Q-Tec’s Suginami and Akasaka offices, as well as Pony Canyon Enterprises’ Iikura office.
Tomonori Furusako, current president and CEO of Q-Tec, will serve as president and representative director of qooop, Inc. Yasuyuki Nishiya, current president and representative director of Pony Canyon Enterprises, will serve as managing director of the new company.