GENDA acquires All Shares of Shin Corporation and ONTSU~Strengthening Collaboration in the Karaoke Domain~

Today GENDA Inc. (Headquarters: Minato-ku, Tokyo; Representative Director and Chairman of the Board: Nao Kataoka; Representative Director and President: Mai Shin; hereinafter “Company”) acquires all shares of Shin Corporation Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director and President: Tadashi Kawaguchi; hereinafter “Shin Corporation”) and ONTSU Co., Ltd. (Headquarters: Osaka city, Osaka; Representative Director and President: Kunihiko Okamura; Representative Director and Vice President: Susumu Nakagawa; hereinafter “ONTSU”), which are group companies of the Company. As of today, Shin Corporation operates 366 karaoke premises.
With this acquisition, we will further enhance and strengthen the karaoke domain in the entertainment platform business, which is the foundation of our business.

■Please refer to the timely disclosure for details of the acquisition of shares of each company.
Click here for timely disclosure regarding Shin Corporation

Click here for timely disclosure regarding ONTSU

■GENDA Overall view

■GENDA Corporate outline
“More fun for your days”
To realize this Aspiration, GENDA is an entertainment company that aims to build a global entertainment network and increase the “total amount of fun” distributed in the world. We operate a wide range of businesses in entertainment, including Amusement, Karaoke, Character Merchandising, Food & Beverage and Contents & Promotions (movies, interactive contents, etc.). We operate approximately 800 amusement arcades such as “GiGO” and the karaoke chain “Karaoke BanBan” in Japan and abroad, as well as approximately 11,000 mini-locations (non-staffed gaming corners). We operate business in Japan, the United States, mainland China, Taiwan, the United Kingdom, the Middle East and Vietnam.

Company name: GENDA Inc.
Representative: Representative Director and Chairman of the Board Nao Kataoka, Representative Director and President Mai Shin
Established: May 2018
Location: 17F Tokyo Shiodome Building, 1-9-1 Higashi-Shinbashi, Minato-ku, Tokyo
Web site: https://genda.jp/en/
GENDA IR page: https://genda.jp/en/ir