NexTone Inc.【JP:7094】Stock Price

NexTone operates a diverse range of businesses centered on music and entertainment. Its main business segments include copyright management, digital content distribution (DD), music distribution, and other business support services.

In its copyright management business, NexTone operates as a copyright management entity registered with Japan's Agency for Cultural Affairs, managing music copyrights. Specifically, it manages subsidiary rights such as performance rights, recording rights, publishing rights, and rental rights, and handles licensing approvals and royalty collection from users.

In its digital content distribution (DD) business, NexTone sells and distributes music content to music streaming services both domestically and internationally. NexTone obtains master recording licenses from rights holders and serves as the intermediary delivering music to users through music distribution services.

In its music distribution business, NexTone distributes music tracks via the internet. For individual consumers, it offers single-track downloads and subscription-based streaming services. For corporate clients, it provides BGM distribution services for retail stores and karaoke establishments.

Other business support services include artist casting and system development and maintenance operations. The casting business handles planning and production of music live events and concerts, as well as artist booking. The system development business provides platforms for copyright management and content distribution.

Through these operations, NexTone works to streamline copyright management in the music industry and promote music content distribution, contributing to the growth of the entertainment business.

NexTone is pursuing a distinctive growth strategy aimed at advancing music culture and industry development. Based on its corporate philosophy "For the Future of Music," the company seeks to serve as an agent supporting the future of all people who love music.

The company uses the transaction volume of its copyright management business as a key performance indicator, with plans to expand it by 2025. Additionally, with an eye toward listing on the Prime Market, it is working to improve revenue and operating profit margins. Through these efforts, the company aims to achieve sustainable growth.

As a medium to long-term growth strategy, NexTone is advancing overseas expansion of its copyright management business and entry into new usage categories. In particular, the company is targeting entry into the sixth category, such as karaoke performances, while strengthening management of all subsidiary rights.

Furthermore, through its digital content distribution (DD) business and music distribution business, the company aims to bring fresh momentum to the industry. In doing so, NexTone seeks to establish itself as a comprehensive agent in music-related business.

NexTone is improving operational efficiency and service quality through the application of AI technology, while achieving precise collection and distribution of copyright royalties. The company is also focusing on strengthening internal management systems and developing talent, with the goal of continuously enhancing corporate value.