Pachinko is one of many forms of entertainment for Japanese people, and there are many companies involved in the industry.
As listed companies related to pachinko, these are mainly the following companies, but in addition to their market scale shrinking like the tobacco industry, all of them have settled as unpopular cheap stocks with an unhealthy image.
Main Pachinko companies
|
Code no |
Company |
2/1 last closing price |
Dividend yield |
PER |
PBR |
|
2411 |
479 |
5.22% |
13.86 |
1.30 |
|
|
6257 |
955 |
5.24% |
13.63 |
0.47 |
|
|
6412 |
2,292 |
3.49% |
12.99 |
1.00 |
The pachinko related companies are characterized by a scattering of business results
by year.
It seems that performance will be greatly affected by whether new models of developed pachinko machines were a hit or not.
Actually, I have never done pachinko, but I hold some related stocks because they are cheap and high
dividend.
As I bought stock of pachinko related companies I looked into pachinko parlors, but
I have absolutely no idea what is fun about them because they are noisy, and frowning customers were playing and did not seem to be enjoy spending their leisure time there.
However, pachinko parlors are consistently popular judging from the long lines of people waiting for them to open .