EMI Music Japan

EMI Music Japan Inc. (株式会社EMIミュージック・ジャパン, Kabushiki gaisha ĪEmuAi Myūjikku Japan) (formerly Toshiba EMI (東芝イーエムアイ株式会社, Tōshiba ĪEmuAi Kabushiki kaisha)), 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. 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 Toshiba Musical Industries (東芝音楽工業株式会社, Tōshiba Ongaku Kōgyō Kabushiki Kaisha). 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. 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. 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. 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.