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HEIWADO CO ( (JP:8276) ) has shared an announcement.
HEIWADO CO., LTD. has decided to transfer its shares in its subsidiary, YU-ING CO., LTD., to GENDA GiGO Entertainment Inc. due to the challenging business environment and the need for new growth strategies. This move aims to leverage GENDA’s expertise in the amusement industry to enhance YU-ING’s growth and the appeal of HEIWADO’s shopping centers, potentially revitalizing and increasing their value.
More about HEIWADO CO
HEIWADO CO., LTD. operates in the amusement industry, focusing on managing amusement facilities such as game centers and bowling alleys within shopping centers. The company is part of a larger group and has been adapting to changes in the market, particularly those driven by the COVID-19 pandemic.
Learn more about 8276 stock on TipRanks’ Stock Analysis page.