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Livedoor

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531: 503: 1616: 1361: 1511: 1602: 1347: 517: 350:, which were granted. Horie, Livedoor's chief financial officer, and the presidents of two subsidiaries were arrested mid-evening for securities and accounting fraud. They were held for two months without bail, and during this time, Livedoor's temporary Representative Director Fumito Kumagai was also arrested. 151:
mergers to achieve growth also made it one of the country's most controversial enterprises. Its growth came to a resounding halt when scandal erupted in early 2006. An investigation of securities law violations led to a nosedive in the company's stock price. The Tokyo Stock Exchange delisted Livedoor
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The veracity of the suspicions aside, many smelled conspiracy given the timing of the action. It was seen as a political move by defenders of the status quo to punish Horie for daring to challenge them, and to discredit him and the business practices he had come to represent, which Horie's opponents
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Fuji Television sued the company for ¥35 billion in damages in March 2007; 1,000 individual investors filed a class-action suit in May 2006, eventually rising to 3,340 asking for ¥23 billion, which resulted in a final ruling of ¥7.6 billion against Livedoor, and other similar suits resulted at least
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market in April 2000. In November 2002, Livin' on the Edge acquired the free Internet services business of Livedoor Corp., which had gone bankrupt. Livin' On the Edge changed its name to Edge Co., Ltd. in April 2003, then adopted the name of the ISP business it had acquired from Livedoor Corp., by
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trading. Volume was so heavy that it threatened to overload the TSE's computer system, prompting a halt in trading for the entire market—a breaking record and the first time this has ever occurred. The TSE ordered Livedoor to provide a formal response to the allegations. When the company filed a
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During the upheaval in 2006 and 2007 rumors spread that Livedoor was preparing a $ 2 billion initial public offering in 2008. Several technology companies expressed interest in participating but the IPO never materialized. Livedoor instead put itself up for sale. In early 2010
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Japan's Securities Commission filed a criminal complaint against the five arrested ex-executives of the company on March 13, 2006. Founder Horie was sentenced to 2.5 years in jail on March 16, 2007. Others were given various jail sentences four days later but appealed.
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The authorities called in several Livedoor and subsidiary executives for questioning over several days, and Horie himself on January 23. After several hours of questioning Horie, investigators felt they had learned enough to press charges and petitioned for four
407:" that oversaw the legal and financial management of its subsidiaries (reportedly 44 subsidiaries as of the end of 2005) including the new Livedoor. In 2008, Livedoor Holdings changed its name to "LDH Corporation." 445: 369:
Information obtained during the investigation led to the arrest and conviction of fund manager Yoshiaki Murakami for using inside information to profit off of a stake Livedoor purchased in
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In 2007, the company spun off to create a new subsidiary that retained the name of "Livedoor" and most of its portal-related businesses and itself became a pure holding company named "
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entered into voluntary liquidation by the shareholders' resolution in August 2011 and completed liquidation in December 2012 after distributing residual assets to its shareholders.
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one judgment of ¥4.9 billion. Livedoor in turn sued its own executives, with founder Horie settling for ¥21 billion and six others settling for a total of ¥760 million.
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On January 18, 2006, Hideaki Noguchi, an executive of H.S. Securities, a firm raided by prosecutors earlier in the week in connection with Livedoor, was found dead in a
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After losing 90% of its stock price in four months and strong evidence of securities fraud, Livedoor was delisted from the Tokyo Stock Exchange on April 14, 2006.
634: 452: 1263: 1649: 1644: 1253: 380:, in which he proclaims his innocence and states that he was being targeted only due to his infamy, not the actual nature or severity of any crimes. 1659: 1669: 1654: 291:, which functioned as the company's U.S. headquarters. Livedoor entered search and contextual advertising spaces in America in November 2005. 183:
search portal from 2012 - 2022. Line Corporation, based in Japan, was spun off from NHN Japan, an arm of its Korean parent, in February 2013.
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hasty report after a quick internal investigation, the TSE told executives to provide a more detailed report and threatened to
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grew into one of Japan's premier Internet businesses, putting over 1,000 employees on its payroll at its peak. Its reliance on
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raided several Livedoor locations, Horie's home, and the homes of other Livedoor and subsidiary executives on suspicions of
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company run by Horie and a group of college friends and was officially founded as Livin' On the EDGE Inc. in April 1996, in
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platform before being brought down by a scandal in 2006. The company was founded and led in its first 10 years by
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A scandal involving securities law violations led the Tokyo Stock Exchange to delist Livedoor on April 14, 2006.
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renaming itself livedoor Co. Ltd. (Livedoor), in February 2004. This was followed by a 1:100 stock split.
1351: 1620: 1127:." Livedoor. Retrieved on December 14, 2011. "〒160-0023 東京都新宿区西新宿7-20-1 住友不動産西新宿ビル24F,25F(総合受付:24F)" - 432:
After completing the sale of Livedoor and other subsidiaries and paying dividends to its shareholders,
370: 1431: 1047: 836: 480: 164: 124: 69: 144: 218:, Tokyo. In 1997, it was renamed Livin' On the EDGE Co., Ltd. Though initially a limited company ( 1441: 814: 784: 762: 576: 197:. In February of the same year, its founder Takafumi Horie became executive advisor to livedoor. 1065: 1436: 1025: 1004: 983: 962: 941: 920: 899: 878: 857: 315: 233: 8: 1587: 1542: 1468: 1394: 1365: 1319: 1221: 1169: 544: 223: 1547: 1498: 549: 388: 335: 260:) and applied for admittance to Japan's professional baseball organization. The team's 256:
team, but later withdrew its offer and, in September 2004, founded its own team (named
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In order to prevent a recurrence of the scandal, Japan passed a law similar to
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Prefecture, but livedoor lost the competition to be the city's home team to
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on April 14, 2006. The floundering company's properties were purchased by
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The headquarters of the original Livedoor company were located in the
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Livedoor if allegations of improper activities proved valid.
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services that bear the Livedoor name used to be operated by
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Nakamoto, Michiyo; Pilling, David (January 16, 2006).
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Companies formerly listed on the Tokyo Stock Exchange
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Horie published an autobiography during his appeals,
498: 837:"Livedoor chief Horie, three executives arrested" 596: 594: 1636: 210:Livedoor began in 1995 as Livin' on the Edge, a 1045: 900:"Livedoor stockholders to sue for compensation" 458: 302:The case broke on January 16, 2006, when Tokyo 113: 591: 450: 107: 39: 1395: 1177: 424:bought Livedoor for a reported ¥6.3 billion. 338:hotel room in what the authorities labeled a 289:MailCreations in Miami, Florida, in June 2004 246:2004 Nippon Professional Baseball realignment 222:), Livin' On the Edge was reorganized into a 123:was a Japanese company that functioned as an 942:"Shareholders win suit for Livedoor damages" 1026:"Horie says he, Okubo both were railroaded" 963:"Livedoor to pay shareholders ¥4.9 billion" 628: 626: 287:Livedoor acquisitions in the U.S. included 1402: 1388: 1184: 1170: 632: 384:considered distasteful and "un-Japanese." 25: 1650:Mass media companies established in 1995 1645:Technology companies established in 1995 623: 1660:Internet properties established in 1995 446:Sumitomo Fudosan Nishishinjuku Building 1670:Internet technology companies of Japan 1655:Japanese companies established in 1995 1637: 1409: 1383: 1165: 921:"Fuji TV files suit against Livedoor" 205: 1601: 1346: 1048:"Japanese lawmen head for the Hills" 608:. London. 2010-04-13. Archived from 461:Sumitomo Fudōsan Nishi-Shinjuku Biru 398: 13: 1005:"Murakami given two-year sentence" 984:"Livedoor damages lawsuit settled" 14: 1696: 1143: 813:. 20 January 2006. Archived from 1615: 1614: 1600: 1509: 1360: 1359: 1345: 529: 515: 501: 248:, Livedoor moved to acquire the 139:, known as "Horiemon" in Japan. 1110: 1080: 1064:. 128.97.165.17. Archived from 1054: 1039: 1018: 997: 976: 955: 934: 913: 892: 871: 850: 829: 799: 575:. 12 April 2006. Archived from 1191: 858:"Livedoor's new boss arrested" 773: 756: 730: 704: 678: 652: 633:Matt Brian (6 February 2013). 561: 427: 297: 1: 1685:2010 mergers and acquisitions 555: 276:company; the team became the 186:In 2022 Livedoor was sold to 357: 278:Tohoku Rakuten Golden Eagles 7: 494: 459: 179:messaging services and the 114: 10: 1701: 491:, Tokyo, 106-6138, Japan. 439: 371:Nippon Broadcasting System 244:In March 2004, during the 200: 1596: 1580: 1518: 1507: 1419: 1341: 1199: 481:Roppongi Hills Mori Tower 451: 125:Internet service provider 108: 85: 75: 65: 55: 47: 40: 33: 24: 16:Japanese Internet company 1118:会社概要 - 会社案内 - 株式会社ライブドア 1028:. The Japan Times. 2010 1007:. The Japan Times. 2007 986:. The Japan Times. 2010 965:. The Japan Times. 2009 944:. The Japan Times. 2009 923:. The Japan Times. 2007 902:. The Japan Times. 2006 881:. The Japan Times. 2007 860:. The Japan Times. 2006 839:. Financial Times. 2006 767:April 22, 2006, at the 410: 1675:Blog hosting services 1427:Naver (search engine) 1420:Products and services 1200:Products and services 1098:on December 27, 2008 395:, on June 14, 2006. 316:Tokyo Stock Exchange 234:Tokyo Stock Exchange 1680:Accounting scandals 1320:Fukuoka PayPay Dome 781:"Welcome to nginx!" 718:on 27 November 2006 692:on 23 February 2007 666:on 23 February 2007 545:Accounting scandals 378:Complete Resistance 224:joint-stock company 21: 1134:2012-04-15 at the 1123:2011-12-04 at the 1068:on 9 December 2014 1050:. Financial Times. 787:on August 15, 2007 744:on 23 October 2006 280:and began play in 250:Kintetsu Buffaloes 206:Origins and growth 127:and operator of a 103:livedoor Co., Ltd. 19: 1632: 1631: 1412:Naver Corporation 1377: 1376: 405:Livedoor Holdings 399:Livedoor Holdings 258:livedoor baseball 100: 99: 1692: 1623: 1618: 1617: 1609: 1604: 1603: 1568:Ikyu Corporation 1513: 1502: 1484:Naver Dictionary 1413: 1404: 1397: 1390: 1381: 1380: 1368: 1363: 1362: 1354: 1349: 1348: 1334:Ikyu Corporation 1264:Line Bank Taiwan 1207:Line Corporation 1186: 1179: 1172: 1163: 1162: 1158: 1157: 1155:Official website 1151: 1138: 1114: 1108: 1107: 1105: 1103: 1094:. 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Index


Kabushiki gaisha
Internet service
Takafumi Horie
Kabushiki-gaisha
Internet service provider
web portal
blog
Takafumi Horie
acquisitions
stock swap
South Korea
NHN Corporation
ISP
blog
Line
Naver Japan
Minkabu
ja
startup
Minato
yugen kaisha
joint-stock company
kabushiki kaisha
Tokyo Stock Exchange
Mothers
2004 Nippon Professional Baseball realignment
Kintetsu Buffaloes
baseball
home ground

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