Dragon Ash have set up a new record label together with fellow popular hip hop groups Mach 25 and Source. The first release on Mob Squad, due on March 19th, will be an album of the same name featuring all three bands. Dragon Ash, fronted by vocalist Furuya Kenji (left, 24), have been leading the Japanese hip hop scene since their 1999 hit “Grateful Days.” This will be their first release in a year. Mach 25 had a breakthrough hit last April with “Sons of the Sun.” Source made their debut last year.