Announcement Regarding Subsidiary Company’s Withdrawal from Event Business
Since launching its event business, KLab’s subsidiary KLab Entertainment Inc. has endeavored to expand its efforts. However, the company has deemed the operation of this business difficult to continue, and has announced that KLab Entertainment will be withdrawing from the event business.
The company will continue to take full responsibility for the remaining tasks of this business.
KLab is a leader in online mobile gaming. Founded in 2000 and headquartered in Tokyo, the company is listed on the 1st Section of the Tokyo Stock Exchange. KLab has consistently ranked as one of the top 50 grossing game publishers worldwide since 2012. With its emphasis on quality and innovative games, KLab continues to grow at a rapid pace, expanding beyond the Japanese market with offices in Singapore, the Philippines, Shanghai, and the United States. For more information about KLab, please visit http://www.klab.com/jp/english/.