NEW

GENDA acquires karaoke premises from “KARATEZ”~ Expansion of store network through roll-up M&A in the karaoke business ~

GENDA Inc. (Headquarters: Minato-ku, Tokyo; Representative Director and Chairman of the Board: Nao Kataoka; Representative Director and President: Mai Shin; hereinafter “Company”) announces that our group company, Shin Corporation Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director and President: Tadashi Kawaguchi; hereinafter “Shin Corporation”), has concluded an agreement to acquire fixed assets such as store assets of two karaoke premises (Location: Ota-ku and Shinagawa-ku, Tokyo) operated by TETSUJIN Enterprises, Inc. (Headquarters: Meguro-ku, Tokyo; Representative Director: Tomoyuki Kodama), which runs an operation business of karaoke premises etc. We plan to open each of the premises newly as “Karaoke BanBan Kamata Station Nishiguchi (tentative name)” and “Karaoke BanBan Gotanda Station Nishiguchi (tentative name)” under the operation by Shin Corporation in the middle of January 2025.

■Please refer to this timely disclosure for details of the acquisition of store assets etc.
Notice Concerning Acquisition of Fixed Assets of Stores from TETSUJIN Enterprise, Inc. and Opening of New Stores by our Consolidated Subsidiary

Notice Concerning Acquisition of Fixed Assets of Stores from TETSUJIN Enterprise, Inc. and Opening of New Stores by our Consolidated Subsidiary

We will keep striving to create attractive facilities so that we can offer a more enjoyable entertainment experience to all our customers that visit GENDA’s facilities.

■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 throughout 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
Establishment: 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