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    SEGA-Sammy sells 85% of SEGA Entertainment (Tokyo)’s shares, withdraws from the arcade management business by end of 2020

    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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    Soul Kiwami
    Soul Kiwami
    Raul Ochoa, a.k.a. Soul Kiwami, is the Managing Editor of Final Weapon and a Games Writer at Game Rant with four years of writing and editing experience. Raul is passionate about the Japanese gaming industry, and he's a huge fan of Nintendo Switch, PC hardware, JRPGs, and fighting games. business email: [email protected]

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