Affiliates Attempt to Sever Links With Livedoor

09 February 2006

   TOKYO - Two affiliate companies of disgraced Japanese ecommerce and media giant Livedoor are seeking to break their links with the company.
    Media Exchange and Livedoor Auto intend to ask Livedoor to review their capital relationships and sell their stock to third parties.
   But Livedoor's new president, Kozo Hiramatsu, has already made it clear he will not sell constituent parts of the group.
    He contends that close cooperation with profitable affiliates is essential to the group's recovery.