TBS, CJ ENM and U-NEXT Launch StudioMonowa to Build Global IP Creation Hub

TBS HOLDINGS INC. ( (JP:9401) ) has provided an update.

TBS HOLDINGS, INC. has finalized the details of a joint venture with Korean entertainment company CJ ENM and streaming platform operator U-NEXT HOLDINGS to build a global framework for creating and developing intellectual property. The new company, StudioMonowa Co., Ltd., was established on April 10, 2026 in Tokyo with capital of 1.25 billion yen and will plan audio-visual content, and acquire, invest in and develop IPs, with CJ ENM holding 51%, TBS 40% and U-NEXT 9%, making the venture an affiliate that strengthens TBS’s cross-border content strategy and aligns it more closely with regional streaming and production partners.

StudioMonowa will start operations with total assets and net assets of 2.5 billion yen and will be led by Representative Director, President and CEO Gi-Young Choi. Several officers and employees from TBS and its subsidiaries are expected to serve concurrently as directors and executive officers at the joint venture, deepening operational ties and positioning TBS to leverage Korean content expertise and streaming distribution capabilities for regional and potentially global market expansion.

The most recent analyst rating on (JP:9401) stock is a Hold with a Yen5782.00 price target. To see the full list of analyst forecasts on TBS HOLDINGS INC. stock, see the JP:9401 Stock Forecast page.

More about TBS HOLDINGS INC.

TBS HOLDINGS, INC. is a Japanese media and entertainment group listed on the Prime Market of the Tokyo Stock Exchange. The company is engaged in broadcasting and content production and is increasingly focused on developing and monetizing intellectual property for domestic and international audiences.

Average Trading Volume: 248,668

Technical Sentiment Signal: Buy

Current Market Cap: Yen927B

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