Heiwa Corporation

Heiwa Corporation (Japanese: 株式会社平和, Hepburn: Kabushiki Gaisha Heiwa) is a privately owned Japanese manufacturer of pachinko and pachislot machines established in Kiryū, Gunma in 1949.[2] It is one of the world's largest maker of pachinko machines.[3]

Heiwa Corporation
Native name
株式会社平和
Kabushiki Gaisha Heiwa
TypePublic (K.K.)
TYO: 6412
IndustryGambling machine manufacturing
GenreEntertainment
Founded1949
September 9, 1960 (incorporated)
FounderKenkichi Nakajima
Headquarters
Kiryū, Gunma (head office)
Taitō, Tokyo (sales headquarter)
,
Japan
Key people
  • Katsuya Minei (Representative Director & Vice President)
  • Katsumasa Nakata (Director & Head-Technology Group)
  • Toshinobu Moromizato (Senior Managing Director & GM-Administration)
ProductsPachinko and Pachislot machines
Revenue¥ 1.675 billion[1]
Number of employees
821 (as of March 31, 2014)[1]
SubsidiariesPGM Holdings
Olympia
AmTechs
Websitewww.heiwanet.co.jp

History

Born in Korea, Kenkichi Nakajima, then a student, came to Japan in 1937, and worked in a defense factory during World War II.[4][3] In 1949, he established "Heiwa" (that means "peace" in Japanese) as he wanted to produce goods unrelated to war;[3] it was, however, officially incorporated on September 9, 1960.[5] In 1988, it became the first over-the-counter company in the pachinko industry. It entered the Tokyo Stock Exchange on the Second Section in 1991 and moved to the First Section in 1997.[2] In 1998, Heiwa acquired Olympia, another pachinko manufacturer, and turned it into a subsidiary company.[6] It became the first company in its segment to have an ISO9001 in 2000.[2] In 2004, it founded the subsidiary company PGM Holdings, a golf course operator.[5][7]

References
  1. 会社概要 (in Japanese). Heiwa Corporation. Retrieved July 8, 2014.
  2. "Annual Report: 2002" (PDF). Heiwa Corporation. p. 2; 29. Retrieved July 8, 2014.
  3. "How to live with a billion". Fortune. Time Inc. September 11, 1989. Retrieved July 8, 2014.
  4. "The Billionaires 1991". Fortune. Time Inc. September 9, 1991. Retrieved July 8, 2014.
  5. "2013 年度ジャパンゴルフツアー ツアートーナメント" (PDF) (in Japanese). Heiwa Corporation. p. 2. Retrieved July 8, 2014.
  6. 沿革: 1990年~1999年 (in Japanese). Heiwa Corporation. Retrieved July 8, 2014.
  7. "Japan's 50 Richest People: #41 Masayuki Ishihara & family". Forbes. Retrieved July 8, 2014.
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