The coronavirus pandemic continues to affect Japan and arcades are one of the areas being hit. SEGA-Sammy has announced today that they’ve transferred 85% of their shares from subsidiary SEGA Entertainment (Tokyo) to GENDA. GENDA works in amusement equipment like arcades so this move in particular makes sense. The sale price of the shares was not disclosed and SEGA-Sammy will withdraw from arcade management business by the end of the year in Tokyo. This is due to facility closures caused by the pandemic, which has lasted nearly all of 2020.
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