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SANKYO rises for fourth consecutive day on subsidiary launch for production control software and video content
SANKYO CO.,LTD. <6417> advanced for a fourth consecutive session on Friday. On Friday, SANKYO announced that it will establish a subsidiary on June 12 to handle the planning and production of production control software and video content for gaming machine development, as well as component design and development, fueling buying interest.
The new unit, Sun Art, will be established to strengthen video production capabilities, accelerate development, and cut costs. SANKYO plans to acquire the video production and component design operations from a gaming machine business partner. By incorporating this business foundation, production know-how, and personnel, the firm expects to launch a highly effective development system shortly after establishment. The transaction's impact on earnings is expected to be minimal.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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