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About Happinet History

Happinet has a long history as Japan's leading toy wholesaler.

February-1968 Hiroshi Kawai, present Chairman of Happinet Corporation., leaves Bandai Co., Ltd., to start a toy wholesale business.
   
June-1969 Tosho Ltd. was established at 51-3, Takinogawa 5-chome, Kita-ku, Tokyo.
   
September-1972 Begins volume dealings with Popy (now BANDAI Co., Ltd.).
   
September-1972 Tosho Corporation formed from a reorganization of Tosho Ltd.
   
October, 1991 Renamed as Happinet Corporation; absorbs Dairin Corporation and Seiko Corporation; opens Nagoya and Osaka Branches.
   
August-1994 Head office moves to 4-5, Komagata 2-chome, Taito-ku, Tokyo.
   
November-1994 Bandai Co., Ltd. increases its holdings in the Company, making it a Bandai affiliate.
   
December-1994 Launches distributions of PlayStation and SEGA Saturn.
   
August-1997 Registers with the Japan Securities Dealers' Association for an over-the-counter (OTC) listing.
   
December-1998 Lists on the Second Section of the Tokyo Stock Exchange.
   
July-1999 Participates in the establishment of e-Shopping! Toys Corp.
   
December-1999 Takes over full ownership of Beam Entertainment Corporation.
   
March-2000 Lists on the First Section of the Tokyo Stock Exchange.
   
March-2000 Launches distribution of PlayStation 2.
   
April-2001 Ichikawa, Chiba-based Happinet Logistics Service Corporation established for the integration of all physical distribution functions of the Happinet Group (now a consolidated subsidiary).
   
October-2001 Acquires shares in Toyokuni Corporation
   
February-2002 Begins handling Microsoft's Xbox.
   
March-2002 Two subsidiaries, Happinet JP Corporation and Toyokuni Corporation, merge, with Happinet JP Corporationthe surviving company
   
March-2002 Operations of Matsui Sakae Toys Co., Ltd., a local toy wholesaler, are transferred to Happinet Corporation subsidiary Happinet JP Corporation
 
March-2004 Acquires additional stocks of e-Shopping! Toys CORP. (now a consolidated subsidiary).
   
April-2004 Happinet JP Corporation, Happinet Pictures Corporation and Happinet Robin Corporation merge with Happinet Corporation
   
December-2005 Happinet Corporation becomes an affiliate of BANDAI NAMCO Holdings Inc. with the transfer of part of BANDAI’s management of subsidiary and affiliated companies to BANDAI NAMCO Holdings Inc. through a corporate divestiture
   
April-2007 Takes over full ownership of MORI TOYS CO.,LTD. The toy business of MORI TOYS Co., Ltd. is transferred to Best Heart Co., Ltd. through a demerger, and MORI TOYS Co., Ltd. changes its name to MORI GAMES CO., LTD. (now a consolidated subsidiary). Best Heart Co., Ltd. takes over the toy business and changes its name to MORI TOYS CO., LTD.
(now a consolidated subsidiary).
   
November-1999 Takes over full ownership of SUNLINK CO.,LTD., (now a consolidated subsidiary).
   
November-1999 Takes over full ownership of THE APPLE CORPORATION. (now a consolidated subsidiary).
   
February-2008 Happinet Marketing Corporation was established.
   
April-2008 The toy business of MORI TOYS CO., LTD. is transferred to Happinet Marketing Corporation through a demerger.
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