Dynam Holdings reports 4 percent rise in revenue in 16Q2

Pachinko hall operator Dynam Japan Holdings Ltd reported a small increase in its gaming revenue in 16Q2, totalling Y37.8 billion (US$369.1 million), up 4 percent from the same period in 2015.

The company, in a voluntary announcement to the Hong Kong Stock Exchange said that revenue from high playing cost halls decreased slightly by 0.1 percent year-on-year to Y19.7 billion, while revenue from low playing cost halls rose up 8.8 percent year-on-year to Y18.1 billion.

“During the first quarter, the utilization of pachinko machines has shown a downward trend and the entire pachinko industry has continued to face challenging business circumstances,” said the operator in the filing.