GungHo Online Entertainment
#5837
Rank
$1.03B
Marketcap
Japan
Country
Mr. Kazuki Morishita (CEO, Pres & Representative Director)
Mr. Kazuya Sakai (CFO, Exec. GM of Fin. & Accounting Division and Director)
Mr. Masato Ochi (Exec. GM of Customer Service Division & Director and Full time Auditor)
Summary
History
The company was established as ONSale Co., Ltd. on July 1, 1998, as a joint venture between Softbank and onSale Inc. to engage in the online interactive auction business in the US.
In 2000, the company moved its headquarters to Chiyoda, Tokyo, Japan and changed its focus to providing auction systems, etc. using ASP.
In 2002, the company once again changed its focus, this time to Online Game Services. Primarily hosting the Japanese server of Ragnarok Online.
In 2004 the company began joint development of online games with Game Arts Co., Ltd.
In March 2005, the company was listed on the Hercules Nippon New Market.
In August 2005, the company invested in G-Mode Co., Ltd. a game manufacturer for mobile phones.
In December 2005, the MMORPG developed by GungHo, Emil Chronicle Online, was officially released.
In August 2006, they completed the contract to distribute Ragnarok Online II.
In October 2007, GungHo Works, Inc., behind the development of Ragnarok DS, was established.
In November 2007, the company acquired the video game assets of Interchannel from Index Corporation.
In April 2008, Gravity Co., Ltd. was acquired as a subsidiary.
In January 2013, GungHo acquired Grasshopper Manufacture, the studio behind titles such as Killer7, the No More Heroes franchise and Lollipop Chainsaw.
On June 3, 2016, Softbank agreed to sell most of its stake in GungHo for about $685 million, which would end Softbank's majority ownership of the company, resulting in Gungho no longer being an associate of Softbank. The offer was accepted by Gungho and completed by June 22, thus allowing Gungho to become an independent company.
In October 2021, GungHo sold Grasshopper Manufacture to NetEase.
Mission
Vision
Key Team
Mr. Akihiko Ichikawa (Corp. Officer & Director)
Mr. Yoshinori Kitamura (Exec. GM of GV Bus. Division & Director)
Mr. Koji Yoshida (CCO, Exec. GM of Bus. Admin. Division & Director)
Mr. Hideyuki Yokoyama (Corp. Officer)
Recognition and Awards
References
Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.
Mr. Kazuki Morishita (CEO, Pres & Representative Director)
Mr. Kazuya Sakai (CFO, Exec. GM of Fin. & Accounting Division and Director)
Mr. Masato Ochi (Exec. GM of Customer Service Division & Director and Full time Auditor)