Last checked at 12 Jan 2018 07:00
January 12, 2018
FOR IMMEDIATE RELEASE
Company Name: | KONAMI HOLDINGS CORPORATION |
Representative: | Takuya Kozuki, Representative Director, President |
Code Number: | 9766 First Section, Tokyo Stock Exchange |
Contact:
| Osamu Nakano, Director, Executive Vice President, Corporate Officer (Phone: +81-3-5771-0222) |
Notice Regarding the Establishment of a Local Subsidiary in Thailand
KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the establishment of its local subsidiary in the Kingdom of Thailand.
1. Purpose of the Establishment
With the aim to develop a sales structure for the Southeast Asian region where the economy is growing rapidly, the Company has established its local subsidiary in the Kingdom of Thailand.
Moving forward, the Company will strive to strengthen its business development in global markets, by expanding sales and service operations of the Konami Group products, including arcade games, in the Southeast Asian region.
2. Outline of the Local Subsidiary
(1) Company Name | KONAMI AMUSEMENT (THAILAND) CO., LTD. |
(2) Location | Park Ventures Ecoplex 12th Floor, Unit1207A 57 Wireless Road, Lumpini, Pathumwan, Bangkok 10330, Thailand |
(3) Representative | Chairman Katsunori Okita Managing Director Ryo Sakaguchi |
(4) Date of Establishment | January 11, 2018 |
(5) Commencement of Business | After April 2018 |
(6) Business Activity | Sales of the Konami Group products and related services |
(7) Capital | 4 million baht (about 13 million yen) |
(8) Investment Ratio | KONAMI HOLDINGS CORPORATION (Japan) 49% SBCS Co., Ltd. (Thailand) 17% SMBC Management Service Co., Ltd. (Thailand) 17% YBC Capital Co., Ltd. (Thailand) 17% |
3. Future Outlook
The establishment of this local subsidiary is expected to have only minor impact on the Company's consolidated results for the fiscal year ending March 2018.
End of File