Kadokawa Corporation
is a telecommunications and media company based in Japan, headed by Nobuo Kawakami. The company became a wholly owned subsidiary of Kadokawa Corporation on October 1, 2014. The company was spun off from a U.S.-based service offering online multiplayer for video games, DWANGO (Dial-up Wide-Area Network Game Operation), which was shut down in 1998. Dwango's majority shareholders until its merger with Kadokawa Corporation included Kawakami himself, Kadokawa Corporation, and Avex Group. Dwango runs the popular Japanese video sharing site Niconico. The company also is the 100% owner of the game developer Spike Chunsoft, which Dwango bought as the companies Spike and Chunsoft in 2005 when they were separated companies, before merging them in 2012. In November 2013, it was confirmed Nintendo purchased 612,200 or 1.5% shares of the company at the request of Nobuo Kawakami.