Japan Game Arcade Operator Genda Charts Path to Domination Through M&A
- Company founded by ex-Goldman female MD, listed on TSE in July
- Genda made splash with acquisition of Sega Sammy subsidiary
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A former managing director at Goldman Sachs Group Inc. who recently became one of the very few female leaders of a listed company in Japan is setting her sights on becoming the dominant player in the country’s arcade game industry.
Mai Shin founded Genda Inc. in 2018 after working at the Wall Street bank for 11 years in bond sales and product development in rates and FX. The company operates gaming arcades, which offer video games but also prize-winning games such as claw machines, mostly in Japan but also the US and Taiwan, having grown its business chiefly through acquisitions.