April 25, 2017 / 6:36 AM / 4 months ago

BRIEF-gumi to spin off VR related business to new wholly owned unit

April 25 (Reuters) - gumi Inc:

* Says it will spin off the development of VR hardware, software and contents, as well as VR investment business to a newly set up unit on June 12

* Says the newly set up unit will be capitalized at 100 million yen in all

Source text in Japanese: goo.gl/SpcCrJ

Further company coverage:

Beijing Headline News

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