Sankyo

What Sankyo does

SANKYO Co., Ltd. (株式会社SANKYO) is a publicly traded Japanese manufacturer of pachinko and pachislot gaming machines, founded in 1966 and headquartered in Shibuya, Tokyo (Tokyo Stock Exchange Prime Market, ticker 6417). The company designs and sells gaming machines under the flagship 'e-Fever' (e-フィーバー) pachinko and 'L-Pachislot' series, integrating proprietary LCD display systems, character animations, lighting, and sound with licensed anime IP from franchises including Gundam, Evangelion, Macross, Code Geass, Symphogear, Fate, Blue Lock, and Yo-kai Watch. Manufacturing is concentrated at the Sanwa Plant in Isesaki, Gunma Prefecture, with component standardization of ~52% for pachinko and ~77% for pachislot machines and a recycling rate exceeding 90%, supporting industry-leading operating margins of 34-38% and ROE of 17-20% across FY2024-FY2026. SANKYO has held a top-tier share of the Japanese pachinko machines market for 25+ consecutive years.

The business operates three core revenue streams: (1) Pachinko Machines (design, manufacture, sale to parlor operators), (2) Pachislot Machines (design, manufacture, sale to parlor operators), and (3) Ball Bearing Supply Systems (SANKYO EXCEL, supplying parlor interiors and consumables in a one-stop bundle with machine sales). Distribution is direct via a nationwide sales force to Japanese pachinko parlor operators, supplemented by an official e-commerce store (fever-store.com) for character merchandise, the SANKYO Online Museum digital content platform, and the KUGITAMA community initiative. B2B machine pricing is quote-based, with the recent 'SANKYO YELL PRICE' policy intended to ease operator cost burden. The group includes wholly owned subsidiaries SANKYO EXCEL, Bisty, and JB. Operations are entirely domestic in Japan; no overseas revenue is disclosed. SANKYO was selected for the FTSE JPX Blossom Japan Sector Relative Index in 2025, reflecting its ESG profile.

Name

Sankyo

Legal name

SANKYO Co., Ltd. (株式会社SANKYO)

Website

https://sankyo-fever.co.jp

Company type

Public

Founded year

1966

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SANKYO is a Japanese public manufacturer of pachinko and pachislot gaming machines founded in 1966, selling directly to pachinko parlor operators in Japan via a nationwide sales force, with leading market share, anime IP licensing, and 34-38% operating margins.

Ownership category

akta.pro rank

Product category

Pachinko and Pachislot Gaming Machines

NAICS

Commercial and Service Industry Machinery Manufacturing (33331)

SIC

Games, Toys & Children's Vehicles (No Dolls & Bicycles) (3944)

akta.pro primary industry

Coin-Operated Entertainment (Pinball, Crane/Claw, Jukebox, Darts/Billiards) (MPAEAJAF)

Keywords

• Pachinko machines
• Pachislot machines
• Gaming machine manufacturing
• Ball bearing supply systems
• Anime licensed gaming

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Pachinko Machines Business: Design, manufacture, and sale of pachinko gaming machines to parlor operators. Revenue generated from machine sales, parts, and after-sales service.
2. Pachislot Machines Business: Design, manufacture, and sale of pachislot (slot machine) gaming machines. Similar to pachinko business, machines are sold directly to parlors with parts and service support.
3. Ball Bearing Supply Systems Business: Supply of ball bearing systems and various products necessary for pachinko parlor interiors and operations. One-stop service combined with machine supply.
4. Merchandise and EC Sales: Sale of official SANKYO merchandise, character goods, and original products through the fever-store.com e-commerce platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

SANKYO designs, manufactures, and sells pachinko and pachislot (slot) gaming machines to pachinko parlor operators across Japan, featuring licensed anime and entertainment IP. The company also supplies ball bearing systems and parlor interior products, and operates the Fever Store e-commerce platform for official merchandise. SANKYO has held a top-tier market share in the pachinko machine segment for 25+ consecutive years.

Product overview

SANKYO is a Japanese manufacturer of pachinko and pachislot (gaming machines) with over 50 years of industry presence since 1966. The company's product portfolio centers on its flagship 'e-フィーバー' (e-Fever) pachinko machine series and 'Lパチスロ' pachislot slot machine series, featuring licensed anime content from major franchises including Gundam, Evangelion, Macross, Fate, Blue Lock, and many others. SANKYO operates through three core business segments: the Pachinko Machines Business, the Pachislot Machines Business, and the Ball Bearing Supply Systems Business for parlor operations. Beyond hardware, SANKYO offers digital services including the SANKYO Online Museum (digital museum platform), the KUGITAMA community initiative promoting traditional pachinko culture, and the Fever Store e-commerce platform for official merchandise. The company works with subsidiary brands including 株式会社ビスティ (Bisty) and 株式会社ジェイビー (JB) for complementary product lines.

Differentiator

Problem solved

Functional benefit

Products and services

• e Fever Mobile Suit Gundam SEED Climax Pachinko Machine A premium pachinko machine featuring the Mobile Suit Gundam SEED CLIMAX anime franchise from Sunrise, part of SANKYO's flagship 'e-Fever' series with enhanced electronic features and digital display integration, sold to pachinko parlor operators.
• L Pachislot Karakuri Circus 2 A pachislot (Japanese slot machine) based on the Karakuri Circus manga by Fujita Kazuyuki, featuring mechanical puppet-themed gameplay with standard slot mechanics, sold to pachinko parlor operators.
• P/e Fever Blue Lock Light ver. A 'Light version' variant of the Blue Lock pachinko machine featuring soccer manga content by Kodansha, part of SANKYO's hybrid electronic pachinko platform, sold to pachinko parlor operators.
• e Fever Yo-kai Watch Pachinko Machine Pachinko machine featuring the Yo-kai Watch franchise by LEVEL-5 and TV Tokyo, part of SANKYO's anime collaboration series, sold to pachinko parlor operators.
• L Pachislot Kanokari (Rent a Girlfriend) Pachislot machine based on the Rent a Girlfriend manga by Miyajiro Rei, published by Kodansha, featuring romantic comedy content with dedicated slot gameplay mechanics, sold to pachinko parlor operators.
• P Fever Queen II 30th Anniversary Edition 30th anniversary commemorative edition of the Queen II pachinko machine by JB brand, a classic SANKYO product line with standard pachinko mechanics and anniversary enhancements, sold to pachinko parlor operators.
• e Tokyo Ghoul Super Deca Super Ichigeki ver. Special variant pachinko machine featuring the Tokyo Ghoul anime/manga franchise by Ishida Sui and Shueisha, with enhanced jackpot mechanics and exclusive content, sold to pachinko parlor operators.
• Parlor Products (Ball Bearing Supply Systems) Ball bearing supply systems and various products necessary for pachinko parlor interiors and operations, offered as a one-stop service combined with machine supply to pachinko parlor operators.
• SANKYO Fever Store (Official Merchandise E-commerce) Official SANKYO online store selling official goods, character merchandise, and original products featuring popular machine characters and anime collaborations, sold to individual consumers and fans.

Quantifiable outcome

• Operating income ratio: 36.4% (FY2024), 38.4% (FY2025), 34.9% (FY2026)
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• CommSeed CorporationcoreStrategic or Co-development Partner · 1 April 2025Business alliance with CommSeed Corporation established in April 2025. The partnership involves collaboration on pachinko/pachislot content and digital initiatives, including special collaboration qualifying rounds for the PS:JAPAN2026 student gaming tournament using the 'Slospach Spirit' app.
• 全日本学生遊技連盟 (All Japan Student Gaming Association)coreGTM or Marketing Partner · 1 January 2024SANKYO has been an official sponsor of the All Japan Student Gaming Association since 2024, supporting student activities and the PS:JAPAN2026 national gaming tournament. The sponsorship helps promote the pachinko industry to younger demographics.
• サンライズ (Sunrise)coreTechnology or IntegrationLicensing partner for numerous Gundam franchise pachinko and pachislot machines. Major ongoing content partnership for anime IP usage in gaming machines.
• カラー (Khara) / EVA製作委員会coreTechnology or IntegrationLicensing partner for Evangelion franchise pachinko and pachislot machines. Major ongoing content partnership for anime IP usage.
• ビスティ (Bisty)coreTechnology or IntegrationGroup company and IP licensing partner for numerous pachinko and pachislot machine titles including Evangelion, Godzilla, and various anime franchises.
• ジェイビー (JB)coreTechnology or IntegrationGroup company and IP licensing partner for numerous original pachinko and pachislot machine titles.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Fields Corporation: Fields (TYO:2767) is a Japanese pachinko/pachislot maker that has historically partnered with Bisty (a SANKYO subsidiary), giving it overlapping IP access and direct competition in parlors.
• HEIWA Corporation: HEIWA (TYO:6412) is one of Japan's top three pachinko/pachislot manufacturers, with a similarly broad anime IP licensing strategy and nationwide direct sales to pachinko parlors, making it the closest direct competitor to SANKYO in machine sales.
• Sanyo Product Co., Ltd. Sanyo Product is a Japanese pachinko/pachislot manufacturer with its own direct sales network to parlors, competing in the same machine category and IP-tied product cycles as SANKYO.
• Newgin Co., Ltd. Newgin is a Japanese pachinko machine manufacturer competing directly with SANKYO in the pachinko segment, with comparable anime/manga IP-driven product strategies.
• Universal Entertainment: Universal Entertainment (TYO:6425) is a Japanese pachinko/pachislot machine maker also active in casino gaming equipment, directly competing with SANKYO in machine manufacturing and IP-driven product launches.
• Sammy Corporation: Sammy (TYO:6426) is a leading Japanese pachislot manufacturer, now part of Sega Sammy Holdings, with a strong anime and IP-driven product pipeline that competes head-to-head with SANKYO's pachislot lineup.
• Kyoraku Industrial Holdings: Kyoraku is a Japanese pachinko/pachislot manufacturer with significant market share, directly competing with SANKYO through anime IP-tied machines and nationwide parlor distribution.

Broad incumbents

• Sega Sammy Holdings: Sega Sammy Holdings (TYO:6460) is a much larger entertainment conglomerate encompassing Sammy, Sega, and other gaming businesses, with overlapping pachinko/pachislot exposure via Sammy and providing broader-based competition for content and operator relationships.
• Konami Group Corporation: Konami Group (TYO:9766) operates a pachinko/pachislot machine business alongside its larger entertainment and gaming operations, representing an established incumbent that competes with SANKYO for IP licensing and operator accounts.

Others

• Daito Trust Construction (pachinko parlor operations): Daito Trust (via TRC operations) and other large pachinko parlor operators are key B2B customers for SANKYO's machines, and their buying cycles directly shape demand for SANKYO products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sankyolive
• YouTubeyoutube.com/user/SANKYOFEVERTV
• Facebookfacebook.com/sankyo.fever
• LinkedInlinkedin.com/company/sankyo-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sankyo