EMI Music Japan Inc. (株式会社EMIミュージック・ジャパン), formerly Toshiba EMI (東芝イーエムアイ株式会社), was one of Japan's leading music companies. It became a wholly owned subsidiary of British music company EMI Group Ltd. on June 30, 2007, after Toshiba sold off its previous 45% stake.[1][2] 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). 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.