TMS Entertainment: Difference between revisions

'''TMS Entertainment Co., Ltd.''' was founded in 1946 as '''Asahi Gloves Manufacturing''', a textile manufacturer that expanded and grew into other businesses during its lifespan such as amusement centers, renaming multiple times until 1991, when it was renamed to '''Kyokuichi'''. In 1992, the company teamed up with [[Sega]] with them taking a big investment in Kyokuichi. In 1995, Sega merged Kyokuichi with [[Tokyo Movie Shinsha]], absorbing them into Kyokuichi in the process and the division became [[TMS-Kyokuichi Corporation|Kyokuichi Tokyo Movie]] with the company's international name being '''TMS-Kyokuichi''' (or TMS-K). Sega retained an equity-method stake in the company as a result and TMS-K would use the Tokyo Movie name for their studio until 2011. In 2000, Kyokuichi was renamed to '''TMS Entertainment, Ltd.''' and withdrew from all other businesses three years later, solely becoming an animation and arcade center company. Sega Sammy Holdings acquired a majority stake in TMS Entertainment in 2005, converting the company to a subsidiary of the Sega Sammy Group. In 2010, Sega Sammy purchased all the remaining shares of TMS that it didn't own, making the company a wholly-owned subsidiary. In 2015, as part of a major restructuring, TMS was bought under the umbrella of the Sega Group (Sega Holdings) division (until 2020, when Sega Games and Sega Interactive merged back into simply Sega and Sega Group Corporation rendering defunct the following year).