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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]

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 ('peace') as he wanted to produce goods unrelated to war;[3] it was, however, only 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] Heiwa 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. ^ a b 会社概要 (in Japanese). Heiwa Corporation. Retrieved July 8, 2014.
  2. ^ a b c "Annual Report: 2002" (PDF). Heiwa Corporation. p. 2; 29. Retrieved July 8, 2014.
  3. ^ a b c "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. ^ a b "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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