GENDA purchases karaoke venue in Shibuya from “KARATEZ” for store expansion

GENDA Inc. has recently expanded its store network in the karaoke business by acquiring a karaoke premise in Shibuya from “KARATEZ.” The company’s group entity, Shin Corporation Co., Ltd., has successfully secured an agreement to acquire fixed assets, including store assets, from TETSUJIN Holdings, Inc., a company that specializes in operating karaoke premises. With this acquisition, GENDA plans to launch the newly obtained premise as “Karaoke BanBan Shibuya Center-Gai 2” on April 25, 2025, under the management of Shin Corporation.

This strategic move aligns with GENDA’s commitment to providing appealing entertainment facilities for its customers. The company’s overarching goal is to offer an extensive range of entertainment options and foster a global entertainment network to enhance the overall enjoyment experienced by individuals worldwide. GENDA operates various businesses within the entertainment sector, encompassing amusement, karaoke, character merchandising, food and beverage, and content and promotions such as movies and interactive media.

Currently, GENDA manages approximately 800 amusement arcades under the brand name “GiGO” and operates the well-known karaoke chain “Karaoke BanBan” both in Japan and internationally. Additionally, the company oversees around 11,000 mini-locations, primarily featuring gaming corners with a limited number of game machines, across multiple countries, including Japan, the United States, mainland China, Taiwan, the United Kingdom, the Middle East, Vietnam, and the Netherlands.

Established in May 2018, GENDA Inc. is headquartered in Minato-ku, Tokyo, under the leadership of Representative Director and Chairman of the Board, Nao Kataoka, and Representative Director and President, Mai Shin. The company’s main office is situated in the Tokyo Shiodome Building on 1-9-1 Higashi-Shinbashi and can be visited at their official website.

GENDA’s continuous efforts to enhance its entertainment offerings and expand its operational footprint underscore its dedication to creating exciting and enjoyable experiences for its valued customers. This recent acquisition of the karaoke premise in Shibuya signifies a strategic step towards strengthening the company’s presence in the karaoke industry and further solidifying its position as a key player in the global entertainment market. As GENDA moves forward with its expansion plans, customers can look forward to more innovative and entertaining experiences across its diverse range of entertainment businesses.