Japanese Gaming Firm Genda Inc Acquires Majority Stake In Gaga Corp
deadline.comJapanese gaming firm Genda Inc is acquiring a 78.05% stake in leading Tokyo-based buyer and producer Gaga Corp. Genda is acquiring the shares from Gaga president and CEO Tom Yoda’s own company T.Y.
Limited, with the deal scheduled to go through on November 30, 2023. Yoda will retain the remaining 21.95% stake as well as the position of Gaga chairman.
All other Gaga executive appointments remain unchanged. Genda chairman Nao Kataoka and CCO Yuzo Sato will have seats on the Gaga board, with the latter executive serving as Gaga president and CEO.
Gaga was founded in 1986 and Yoda’s T.Y. Limited took a majority stake in 2009. Under his management, the company has emerged as one of the world’s leading indie film distributors, handling a wide range of international titles, and has also expanded its local production slate.
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