- Amusement arcade business
Driven by the large scale of GiGO’s store network and sales volume, the deployment of “GiGO-exclusive prizes” has been increasing year after year.
This is because IP rights holders, attracted by GiGO’s expanding scale resulting from roll-up M&A and annual new store openings, have begun proposing “GiGO-exclusive prize” projects to us. As a result, we rolled out over 200 types of GiGO-exclusive prizes in the fiscal year ended on January 31, 2026, which has driven same-store sales growth. For the fiscal year ended on January 31, 2026, the annual same-store growth rate remained around 100 to 110% year-on-year throughout the period.
- Karaoke business
We have welcomed KAJI Corporation, the industry leader among karaoke equipment dealers, and ONTSU, the second-ranked player, into our group through M&A.
The establishment of ENNE Co., Ltd., born from the reorganization of these two companies, has created an overwhelmingly dominant industry-leading distribution network. As a result, our bargaining power has increased dramatically.
Furthermore, we have established a unique secondary distribution business that leverages our scale by taking in used karaoke equipment from Karaoke BanBan – the third-largest player in the karaoke box industry – and selling it to the nationwide night market and other segments through ENNE’s industry-leading wholesale network.
At Karaoke BanBan, the same-store growth rate has also maintained a stable level, averaging 101% annually.
- Foreign currency exchange machine business
By promoting DX, such as the utilization of AI, revenue has grown dramatically, achieving year-on-year increases in every month since joining the group.
In addition to being acquired at an appropriate valuation of 4.7x EV/EBITDA, the foreign currency exchange machine business is characterized by low maintenance CAPEX. By doubling earnings through operational efficiencies driven by DX, it has been transformed into a high-margin business delivering high ROIC.
As one of our carefully selected organic growth investments based on high IRR/ROIC, we envision aggressive deployment centered on major domestic store chains in the fiscal year ending on January 31, 2027.