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Re: stockseekerok post# 13082

Thursday, 11/17/2011 2:24:27 AM

Thursday, November 17, 2011 2:24:27 AM

Post# of 38218
Business Description ~ $KNBA

The Corporation's business is entirely conducted in its 98% owned subsidiary, Kinbasha Co., Ltd. Kinbasha's principal business is the ownership and operation of retail gaming centers in Japan which offer customers the opportunity to play the game of chance known as Pachinko. The game of Pachinko is played on a device which resembles a slot machine. Pachinko is considered to be Japan's most popular leisure activity. The gaming centers are commonly referred to as Pachinko Parlors. Kinbasha currently owns and operates 21 Pachinko Parlors in the prefectures of Chiba, Ibaraki and Tokyo. In addition, the company also owns three mid-size restaurants which offer traditional Japanese cuisine.
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