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EMI Music Japan
(formerly ), was one of Japan's leading music companies. It became a wholly owned subsidiary of British music company EMI Group Ltd. in June 30, 2007 after Toshiba sold off its previous 45% stake.〔(Toshiba : Press Releases 14 December, 2006 )〕〔(by EMI Group of Toshiba Corporation's minority shareholding in Toshiba-EMI Limited )〕 Its CEO and president was Kazuhiko Koike. When EMI Music Japan was trading as Toshiba-EMI, it was involved with the production of anime. On April 1, 2013, the company became defunct, following its absorption into Universal Music Japan as a sublabel under the name EMI Records Japan. ==History== The company was founded on October 1, 1960, as . From 1962, it licensed Columbia (UK) titles for release in Japan. After an injection of capital by Capitol EMI, EMI acquired 50% of the company in October 1973, and the name was changed to Toshiba EMI Limited. On October 3, 1994, the equity ratio of the company was changed, in which EMI obtained 55% with Toshiba owning the remaining 45%. On June 30, 2007, Toshiba Corporation sold the remaining 45% stake in the company to EMI, giving EMI full ownership of the company. The name was then changed to EMI Music Japan, reflecting Toshiba's divestiture from the business.〔http://web.archive.org/web/20070929095500/http://www.emimusic.jp/company/pdf/emi20070629.pdf〕 In 2012, EMI Music Japan and Universal Music Group's Japanese branch was scheduled to hold a corporate swap in response to the merger by January 15, 2013, with Kazuhiko Koike serving as EMIJ's president.〔(Universal Music Group Japan Press Release )〕 On April 1, 2013, EMI Music Japan was officially absorbed into Universal Music Japan, became defunct as a company and has been renamed to EMI Records Japan. 〔(Universal Music UK Announces Launch of Virgin EMI Records ). Billboard (2013-03-18). Retrieved on 2013-07-16.〕 The label continued to use the ''TOCT'' catalog code until October 2013, when it started to use the ''TYCT'' catalog code. The official website has been shut down as of October 23, 2013.〔(EMI Records Japan UNIVERSAL MUSIC JAPAN official website notice )〕 After the dissolution and absorption, some of the former EMI staffs and executives has been into different companies away from Universal Music. Then-executive producer San-e Ichii has been the managing director of Japan Content Expansion Department.〔http://asia.nikkei.com/Life-Arts/Milestone/Veteran-music-executive-helps-Japan-s-government-pump-up-the-cultural-volume〕 Kazuhiko Koike (also former CEO of Universal Music Japan) has stepped down from his position as CEO by the end of 2013, nine months after the merger, and became non-executive chairman by the beginning of 2014. He was replaced by Naoshi Fujikura.〔http://origin1-dev-www.billboard.com/biz/articles/news/5785927/naoshi-fujikura-becomes-ceo-of-universal-music-japan〕
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