REG - Konami Holdings Corp - Establishment of a Local Subsidiary in Thailand <Origin Href="QuoteRef">9766.T</Origin>

KonamiAnnouncement

12/01/2018 07:00

RNS Number : 6835B
Konami Holdings Corporation
12 January 2018
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)DateofEstablishment
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

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