Avex Inc.

Avex Inc. has increased its ownership of S10 Entertainment to 85%, acquiring the stake from Brandon Silverstein and his partners under an agreement to reach 100% ownership over time. Silverstein continues as CEO of S10 and Avex Music Group, and as a board member and equity partner in Avex Music Group, while taking on a broader role shaping Avex Group's global music strategy across recorded music, publishing, live entertainment, touring and investments. The deal follows Avex's March 2025 acquisition of the S10 Music Publishing catalog, which at the time reported more than 22 global No. 1 hits and 50 billion streams worldwide, with a repertoire including songs recorded by Justin Bieber, Drake, Tate McRae, Doja Cat, Post Malone and Rihanna. Since Silverstein became CEO in 2025, Avex Music Group has announced a global publishing administration partnership with Bruno Mars and launched an initial $100 million publishing acquisition initiative. Avex Inc. drove nearly $1 Billion in revenue in its last fiscal year, and financial terms of the transaction were not disclosed.

On the morning of July 21, the Nikkei Stock Average rebounded on the Tokyo Stock Exchange, ending the morning session up 1,114.56 yen at 65,255.68 yen. Among the 99 registered game and entertainment-related stocks, 72 rose, with buying dominating. Takara Tomy, Avex, and Mandarake hit year-to-date highs. Silicon Studio announced that Noriyuki Sawatani, president of AEROSALVA, which is developing next-generation search and rescue systems, has been appointed as an advisor, and the stock rebounded sharply. Nintendo fell back on selling into strength, while Toho rose for a third straight day, with the company explaining that despite a 28 percent decline in first-quarter operating profit to 13.8 billion yen, it was effectively an increase in profit.