GENDA Inc. (Headquarters: Minato-ku, Tokyo; Representative Director and Chairman of the Board: Nao Kataoka; Representative Director and President: Mai Shin) announces that we have resolved that our group company, Shin Corporation Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director and President: Tadashi Kawaguchi; hereinafter “Shin Corporation”), will take over the operation business of karaoke premises from ATOM CORPORATION (Headquarters: Yokohama city, Kanagawa; President and Representative Director: Kimihiro Tanaka; hereinafter “ATOM”), which operates karaoke premises in the Tohoku, North Kanto, Tokai and Hokuriku regions, through a company split (absorption-type split).


■ For more details, please refer to this timely disclosure.
ATOM operates “Karaoke JIYU-KAN” in the Tohoku, North Kanto, Tokai and Hokuriku regions, and we plan to take over 23 karaoke premises operated by ATOM through this absorption-type split. With the participation of the premises to be acquired in GENDA, it is expected to share human resources and knowledge of DX with the existing premises run by GENDA and improve the efficiency of store operation through joint purchasing of consumables and other items. Furthermore, we can expect an increase in profit of the premises to be acquired through both cost reduction and improvement in sales, for example, by carrying out IP collaboration which utilizes our business network of the amusement business, which is the core of GENDA’s “Entertainment Platform Business,” and providing food and beverages developed by GENDA in Food & Beverage business. We will keep striving to create attractive facilities so that we can offer a more enjoyable entertainment experience to all customers that visit the premises to be acquired.
■ ATOM CORPORATION Corporate outline
Company name: ATOM CORPORATION
Representative: President and Representative Director: Kimihiro Tanaka
Establishment: January 1972
Location: 2-2-1 Minatomirai, Nishi-ku, Yokohama city, Kanagawa
Web site: https://www.atom-corp.co.jp/
■ 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, Vietnam and the Netherlands.
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