Dai Kokudenki Co., Ltd. <6430> announced on the 28th that it will acquire fixed assets.

The reason for the acquisition is that the company aims to expand its business area for further enhancement of corporate value by promoting DX in the pachinko industry as a partner of pachinko hall companies, providing systems and solutions that contribute to pachinko hall management. The company owns and operates fixed assets (land, buildings, art) known as 'Hakone Glass Forest' and will continue to operate the facilities under the ownership of the company 'Ukai'. This will help maintain the brand's strength, while benefiting from the company's system development and solution capabilities, leading to accelerated business growth. The acquisition of fixed assets was determined based on the assessment that earning revenue in new business areas as a Dai group over the medium to long term is beneficial for sustainable growth.

The assets to be acquired include land, buildings (Hakone Town, Ashigarashimo District, Kanagawa Prefecture), and art. The acquisition price is 3.1 billion yen, to be funded by internal resources.

The contract signing date is scheduled for October 29, 2024, with the handover date and lease contract start date both scheduled for November 1, 2024.