Sega Koei

Sega Koei Co., Ltd. (株式会社セガ 株式会社コーエー)  is a Japanese holding company formed in 2013 when Sega merged with Koei.

About Sega
Sega was founded in 1940. (Australia) and usually styled as SEGA, is a Japanese multinational video game developer, publisher and hardware development company headquartered in Japan, with various offices around the world. Sega previously developed and manufactured its own brand of home video game consoles from 1983 to 2001, but a restructure was announced on January 31, 2001 that ceased continued production of its existing home console, effectively exiting the company from the home console business.[1] While arcade development would continue unchanged, the restructure shifted the focus of the company's home video game software development to consoles developed by various third-party manufacturers.

Sega's head offices, as well as the main office of its domestic division, Sega Corporation (Japan), are located in Ōta, Tokyo, Japan. Sega's European division, Sega Europe Ltd., is headquartered in the Brentford area of London in the United Kingdom. Sega's North American division, Sega of America Inc., is headquartered in San Francisco, having moved there from Redwood City, California in 1999.[2][3] Sega Publishing Korea is headquartered in Jongno, Seoul, Korea. Sega's Australian & European operations outside of the United Kingdom closed on the 1st July 2012 due to world economic pressures. Distribution of Sega products in Australia as of 1 July 2012 is handled by Five Star Games, made up of all the redundant employees from Sega Australia.[4]

About Koei
Koei Co., Ltd. was founded in July 1978 by Yoichi Erikawa and Keiko Erikawa. Yoichi was a student at Keio University, and when his family's rural dyestuffs business failed he decided to pursue his interest in programming. The company to this day is located in the Hiyoshi area of Yokohama along with Erikawa's alma mater, and the company's name is simply a spoonerism of the school's.

The company initially focused on personal computer sales and made-to-order business software. In 1983 it released Nobunaga's Ambition, a historical strategy game set during the Sengoku period of Japanese history. The game went on to receive numerous awards, and Koei produced several more such games set against the backdrop of world history.

In 1988, Koei established a North American subsidiary, Koei Corporation, in California. This subsidiary localized Koei games for export to all territories outside of Japan, as well as producing original games and concepts with the leadership of designer Stieg Hedlund. After Hedlund's departure, this subsidiary ceased game development in 1995, focusing instead on localization, sales and marketing.

A Canadian subsidiary, Koei Canada, Inc. was established in early 2001, and a European subsidiary, Koei Limited was established in early 2003 in Hertfordshire, United Kingdom. In 2004, a Lithuanian subsidiary was formed. Merger and reorganizationEdit

On August 20, 2008, Tecmo announced the resignation of president Yoshimi Yasuda, to be replaced by current Chairman of the Board Yasuharu Kakihara as of September 1. On August 28, Square Enix announced plans for a friendly takeover of Tecmo by purchasing shares at a 30 percent premium with a total bid of ¥22.3 billion. They gave Tecmo until September 4 to either accept or reject the proposal. Upon hearing this news on August 31, Kenji Matsubara, President and COO of Koei, called a board meeting for the next day, September 1. The board discussed the possibility of a merger with Tecmo, and began discussions with Tecmo that same day. On September 4, 2008 Tecmo officially declined the Square Enix's proposal, and later that same day announced plans to merge with Koei.

In November 2008 the companies announced their specific plan of action, to complete the merger on April 1, 2009, forming Tecmo Koei Holdings. Koei stock was to be exchanged for Tecmo Koei stock at a rate of 1:1, and Tecmo stock exchanged at .9:1, giving Koei shareholders, in total, a three-quarter stake in the new company. Though the combined profits in 2007 were 8.5 million yen, they anticipated that the merged company would net over 16 million yen in the fiscal year ending year, ending March 2012.

Effissimo Capital Management Pte, Tecmo's second-largest shareholder at 17.6%, openly opposed the merger. On January 26, 2009, the shareholders for both Koei and Tecmo reached separate agreements in favor of the merger. Effissimo raised some dissent during the meeting, and implied they may seek to sell their shares. Effissimo's director Takashi Kosaka stated “We have not had sufficient information from the company to make a judgment on the merger, such as the feasibility of their plan to raise shareholder value.” On February 12 Kenji Matsubara liquidated KOEI France SAS. On February 13, Tecmo announced it had received repurchase claim (a request for the company to buy stock back) from a major shareholder, 15.64% of the stock (3,890,700 shares) from a shareholder that stood in opposition to the firm's upcoming merger with Koei. While the requesting shareholder was not mentioned, Reuters stated that it was likely Effissimo.

Despite these misgivings, the holding company formed on April 1, 2009 as planned. The development divisions of both companies were spun-out into separate subsidiaries, created specifically for the planning and development of software, operating directly under the holding company. Kenji Matsubara became CEO of the new company, and former Tecmo CEO Yasuharu Kakihara became board chairman. As of May 26, Tecmo Koei had still not reached an agreement with Effissimo, prompting the investment fund to seek mediation with the Tokyo District Court. While Tecmo Koei favored a stock value in the mid-600 yen range, Effissimo was expected to ask for at least 900, in part due to the rejected Square Enix offer of 920 per share.

On June 23, 2009, Tecmo Koei announced a planned restructure of its international subsidiaries. Tecmo's sole subsidiary, the American Tecmo Inc., and Koei's American Koei Corporation were moved under a newly-formed Tecmo Koei America Corporation, itself a direct subsidiary to Tecmo Koei Holdings. Koei's Canadian, European, Korean, and Taiwanese subsidiaries were re-branded Tecmo Koei, and also moved to direct subsidiaries of the holding company, on par with the original Japanese Tecmo and Koei development teams. The first game published by the new Tecmo Koei Europe was Ninja Gaiden Sigma 2. In August 2009 Tecmo Koei announced that it was setting up a subsidiary in Hanoi, Vietnam. Later that month the ESA announced that Tecmo Koei was now a member. On April 1 2010, Koei Singapore was also re-branded as Tecmo Koei.

On February 8 2011, Koei Tecmo announced that the individual developers Tecmo and Koei would be merged into Tecmo Koei Games, though the company will continue to develop under the Tecmo and Koei brands.



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Games

 * Virtua Fighter 6