Kadokawa Corporation
On May 14, 2014, it was announced that Kadokawa Corporation and Dwango, the owner of Niconico, would merge on October 1, 2014, and form the new holding company Kadokawa Dwango. Both Kadokawa and Dwango became subsidiaries of the new company. In February 2019, Kadokawa Dwango announced that Dwango would now be a direct subsidiary of Kadokawa Corporation in a reorganization of the company.