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Subsidiaries

Anime Business

Dwango Planning and Development Co., Ltd.

Dwango Planning and Development Co., Ltd.

Holding: 100%
Main Business: School management

dwango AG Entertainment Co., Ltd.

dwango AG Entertainment Co., Ltd.

Holding: 100%
Main Business: Master disc production and publishing management

AG-ONE Co., Ltd

AG-ONE Co., Ltd

Holding: 34.30%
Main Business: Content planning, production, and management

Game Business

GAMES ARENA Co., Ltd.

GAMES ARENA Co., Ltd.

Holding: 67.15%
Main Business: Planning and supervision

CHUN SOFT Co., Ltd.

CHUNSOFT Co., Ltd.

Holding: 100%(GAMES ARENA Co., Ltd.)
Main Business: Planning, development and sales

Spike Co., Ltd.

Spike Co., Ltd.

Holding: 100%(GAMES ARENA Co., Ltd.)
Main Business: Planning, development and sales

T&E SOFT Inc.

T&E; SOFT Inc.

Holding: 100%(GAMES ARENA Co., Ltd.)
Main Business: Planning and development

Advertisement and Other Business

Dwango Music Publishing, Inc.

Dwango Music Publishing, Inc.

Holding: 100%
Main Business: Management and operations of music copyrights and neighboring rights

niwango, inc.

niwango, inc.

Holding: 75.11%
Main Business: Information distribution and movie distribution

skyscraper,inc.

skyscraper,inc.

Holding: 70.71%
Main Business: Mobile advertisement sales

MOBILE CONTENTS Co., Ltd.

MOBILE CONTENTS Co., Ltd.

Holding: 70.15%
Main Business: Content production and supply

Maho no iLand Co.,Ltd.

Maho no iLand Co.,Ltd.

Holding: 21.35%
Main Business: Planning, production, and management of digital content, magazines and electronic publishing

Dwango Taiwan Co., Ltd.

Holding: 98.80%
Main Business: Marketing research

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