Yahoo Japan Corp Planned Commencement of Tender Offer for Shares of and Execution of a Capital and Business Alliance Agreement with ZOZO Inc Call Transcript
[Interpreted] Thank you very much for participating in the conference call of Yahoo Japan Corporation. The conference call today is about the announcement today about the execution of capital and business alliance agreement with ZOZO, Inc. and also the tender offer by the company for the shares of the ZOZO, Inc. by Yahoo.
We have a question-and-answer session for that transaction. As a document from Yahoo! JAPAN, in the home page, a press release is available. Please take a look for your reference.
Let me introduce the participants. From Yahoo, we have President and Representative Director, President Corporate Officer and CEO, Mr. Kawabe -- Kentaro Kawabe; and also Director, Senior Managing Corporate Officer, Executive Vice President, President of Commerce Company, President of Shopping Group, Mr. Takao Ozawa; and also the Managing Corporate Officer, Executive Vice President, CFO, Ryosuke Sakaue.
We are planning to have this session for an hour. I'd like to ask your cooperation. (Operator Instructions) So without further ado, I would like to entertain the questions on the
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