Pachinko operator Okura Holdings has announced an internal restructuring plan to consolidate assets and enhancing operational efficiency.

Pachinko operator Okura Holdings reported a significant increase in profit before income tax, rising approximately JPY929 million ($6.1 million) in the second half of 2023, a 569.9 percent bump from the same period in the previous year.

Pachinko parlor operator Okura Holdings has announced that it will be placing an additional HK$20 million ($2.55 million) in shares on the market in order to purchase more pachinko and pachislot machines and renovate its current pachinko halls.

Japanese pachinko operator Okura Holdings saw its revenue increase 13.6 percent year-on-year to JPY3.1 billion ($23 million) in 2H22, as customers returned to pachinko halls.

Holdings, an operator of pachinko and pachislot halls in Japan, swung to a loss in the six months to end-December, mainly due to impairment losses.

Japan's Okura Holdings said it has agreed to extend the maturity on some JPY500 million in bonds to January 31, 2023, to capture foreign exchange gains and to generate cash flow as its pachinko business continues to suffer from the Covid crisis.

Japanese pachinko operator Okura Holdings saw its revenue decline 23.1 percent year-on-year to JPY5.4 billion in FY21.

Hong Kong-listed Okura Holdings has announced that it will be permanently shuttering two of its pachinko halls in Japan, effective today.

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.

Okura Holdings is a pachinko hall operator in Japan. As at 16th April 2018, Okura Holdings have 18 pachinko halls, with a particular focus...