, formerly known as , is a Japanese corporate

information and communications technology Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications ( telephone lines and wireless signals) and computer ...

company owned by Sawada Holdings. "Index Corporation" was a corporate name used by three different Japanese companies, between 1997 and 2016, the last one being founded in April 2014. All three incarnations of Index Corporation have been linked to the video game brand

Atlus is a Japanese video game developer, publisher, arcade manufacturer and distribution company based in Tokyo. A subsidiary of Sega, the company is known for video game series such as '' Megami Tensei'', '' Persona'', '' Etrian Odyssey'' and ...

at one time or another. The original Index Corporation was founded in 1995 and acquired Atlus in 2006. It went bankrupt in June 2013 while still owning Atlus. In September 2013,

Sega is a Japanese multinational video game and entertainment company headquartered in Shinagawa, Tokyo. Its international branches, Sega of America and Sega Europe, are headquartered in Irvine, California and London, respectively. Its division ...

created the shell corporation Sega Dream Corporation with the sole intent of purchasing the assets of Index Corporation. Sega Dream was renamed Index Corporation in November 2013 and gained possession of Atlus' name and intellectual properties. On April 1, 2014, the new Index Corporation was renamed Atlus, but was amputated from its non-gaming business that Sega transferred the same day to a new company called Index Corporation. In 2015, Sega sold Index Corporation to Sawada Holdings. Index Corporation was renamed as iXIT Corporation in July 2016.

History

Index Corporation Ltd. was founded on 1 September 1995 as a mobile content service provider. It adopted the name of Index by 1997 and expanded into one of Japan's most successful companies, with acquisitions into several communications and entertainment ventures, including the

anime is Traditional animation, hand-drawn and computer animation, computer-generated animation originating from Japan. Outside of Japan and in English, ''anime'' refers specifically to animation produced in Japan. However, in Japan and in Japane ...

studio Madhouse, game companies

and

Interchannel was a Japanese video game developer and publisher. History Interchannel was founded on October 2, 1995 as an NEC subsidiary named . Its founding was a result of divisions within NEC being spun off. NEC Interchannel took over NEC Avenue's musi ...

, and major

movie studio A film studio (also known as movie studio or simply studio) is a major entertainment company or motion picture company that has its own privately owned studio facility or facilities that are used to make films, which is handled by the productio ...

Nikkatsu is a Japanese entertainment company known for its film and television productions. It is Japan's oldest major movie studio, founded in 1912 during the silent film era. The name ''Nikkatsu'' amalgamates the words Nippon Katsudō Shashin, literally ...

. It also made inroads into numerous worldwide ventures, including the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...

and

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

, where it owned the football club

Grenoble Foot 38 Grenoble Foot 38, commonly referred to as simply Grenoble or GF38, is a French association football club based in Grenoble. The club plays its home matches at the Stade des Alpes, a sports complex based in the heart of the city, and wears whit ...

, which, upon Index's acquisition, achieved promotion to

Ligue 1 Ligue 1, officially known as Ligue 1 Uber Eats for sponsorship reasons, is a French professional league for men's association football clubs. At the top of the French football league system, it is the country's primary football competition. ...

. Up to 2013, Index Corporation had sold most of its subsidiaries. In June 2013, following investigations for fraud, Index Corporation was forced to file for civil rehabilitation bankruptcy. On November 9, 2010, Index Holdings (株式会社インデックス・ホールディングス) announced its renaming to Index Corporation (株式会社インデックス), to be confirmed on the 15th shareholders meeting on 25 November 2010, effective on 1 December 2010. On June 27, 2013, following an investigation for fraud, Index Corporation filed for civil rehabilitation

bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debto ...

due to a debt consisting of 24.5 billion yen. On September 18, 2013, it was reported that

Sega Sammy Holdings (also known as the Sega Sammy Group and generally Sega Sammy, stylized as SᴇɢᴀSammy) is a Japanese holding company formed from the merger of Sega and Sammy Corporation in 2004. Both companies are involved in the amusement industry (Seg ...

had won a bid to acquire Index for 14 billion yen. Sega Sammy Holdings denied taking over Index Corporation at first, however it announced later that day that Index Corporation would sell the digital game business, contents and solution business, and amusement business to Sega Dream Corporation (株式会社セガドリーム), a subsidiary of Sega Corporation established on September 5, 2013 effective on November 1, 2013. The sales covered fixed assets and intellectual property assets of the announced operations, which included Atlus Holding, Inc. (parent company of Index Digital Media, Inc.), Tiger Mob Limited, Index Corp (Thailand) Ltd., Mobi Town Ltd. However, liabilities including interest-bearing debts would not be taken over. On November 1, 2013, Sega announced that it will rename its subsidiary, Sega Dream Corporation, to Index Corporation (株式会社　インデックス). On February 18, 2014, Sega and Index Corporation announced the separation of Index Corporation's contents and solution businesses into a new subsidiary under the name 'Index Corporation' (株式会社インデックス), while renaming the 'old' Index Corporation and its remaining digital game business division into 'Atlus' (株式会社アトラス), effective on April 1, 2014. The new Atlus would also include the foreign subsidiary Index Digital Media, Inc., which would be renamed to Atlus U.S.A., Inc. at the effective establishment day of the new Atlus.会社分割（新設分割）及び商号変更に関するお知らせ
/ref> On May 28, 2014, Masami Ochiai, Chairman of the former Index Corporation, and his wife Yoshimi Ochiai, president of the company, were arrested by the Tokyo District Public Prosectors Office on suspicion of falsifying stock reports for the company. On December 1, 2015, as part of a structural reform within the

group, Sega Holdings sold its shares of Index Corporation to Sawada Holdings, a firm owned by H.I.S. founder Hideo Sawada. Through this business transfer, Index Corporation became a wholly owned subsidiary of Sawada Holdings. On July 1, 2016, Index Corporation changed its name to iXIT Corporation.

Index Asia Ltd

Index Asia Ltd., formerly known as Index Corporation Thailand Ltd., is a mobile content and service provider in Thailand that was established in April 2002. Once Index Corporation Thailand Ltd. was amalgamated with Mobi Town Ltd., and Tiger Mob Ltd., the company was re-branded as Index Asia Ltd.Establishment of Index Asia Ltd. from the amalgamation process
/ref> They are a subsidiary of iXIT Corporation that provides mobile software application, licensing and application development services within Thailand. Index Asia Ltd. has a distinctive business structure with three primary services, the Game Publishing & Game Management Services: the service dedicated to video game development and publishing, the Application Development & Solution Provider: the services dedicated to original mobile application developments, and the Mobile Content Aggregator & Provider Services: the services dedicated to mobile content and licensing distribution. Index Corporation Thailand Ltd., was renamed to Index Asia Ltd. effective 1 July 2015. This was achieved through an amalgamation of Index Corporations remaining subsidiaries: Mobi Town Ltd. and Tiger Mob Ltd. being absorbed into Index Corporation Thailand Ltd. and the surviving company being renamed to Index Asia Ltd. The process was accomplished in the Ministry of Commerce of Thailand.Index Asia Ltd, Corporate History
/ref> On December 1, 2015, when the Sega Holdings group sold its shares of Index Corporation to Sawada Holdings, Index Asia Ltd. was transferred over alongside Index Corporation.

Former subsidiaries

References

External links

Official website
{{Atlus Telecommunications companies established in 2014 Amusement companies of Japan Telecommunications companies based in Tokyo Software companies based in Tokyo Re-established companies Corporate spin-offs Japanese companies established in 2014 Entertainment companies of Japan Mobile phone companies of Japan Video game companies of Japan