Faith Acquires Nippon Columbia

Nippon Columbia is a record company that manufactures and distributes phonographs. The group produces and releases titles in a wide range of genres, from enka and kayokyoku, where it has impressive market shares, to J-POP, animation, educational, traditional, jazz and classics. Backed by a portfolio of more than 160,000 music pieces, its brand is well known all over Japan. Licensing fee revenues from tens of thousands of music works, managed by its music publishing subsidiary, and from master licenses held by Nippon Columbia provide a solid revenue base for the group. Furthermore, It operates in the area of game development, making secondary use of the existing contents and maintaining a direct sales business that offers customized products to businesses such as mail-order firms. Nippon Columbia is committed to creating hit titles with existing and emerging artists, and deepening its collaboration with the publishing, animation, and education industries, with the particular focus on expanding its lineup of animation and educational offerings. Nippon Columbia was formed in 1910 and is based in Tokyo, Japan.