Beginning with only ¥300,000 (US$12,000), Nakamura spent the money on two hand-cranked rocking horses that he installed on the roof garden of a Matsuya department store in Yokohama. Nakamura established his own company after his father's business saw success with producing pop cork guns. The son of a shotgun repair business owner, Nakamura proved unable to find work in his chosen profession of ship building in the struggling post- World War II economy. On June 1, 1955, Japanese businessman Masaya Nakamura founded Nakamura Seisakusho Co., Ltd. The logo of Nakamura Seisakusho, the predecessor to Namco History Origins and acquisition of Atari Japan (1955–1977) Its successor, Bandai Namco Entertainment, and its subsidiaries continue to use the Namco brand for their video arcades and other entertainment products. Namco is remembered in retrospect for its unique corporate model, its importance to the industry, and its advancements in technology. It operated video arcades and amusement parks globally, and also produced films, toys, and arcade cabinets and operated a chain of restaurants. Namco produced several multi-million-selling game franchises, such as Pac-Man, Galaxian, Tekken, Tales, Ridge Racer, and Ace Combat. It continued producing games until it was merged into Namco Bandai Games in 2006. In 2005, Namco merged with Bandai to form Namco Bandai Holdings, a Japanese entertainment conglomerate. Namco endured numerous financial difficulties in the late 1990s and 2000s as a result of the struggling Japanese economy and diminishing arcade market. Namco continued to produce hit games in the 1990s, including Ridge Racer, Tekken, and Taiko no Tatsujin. Arguments over licensing contracts with Nintendo led Namco to produce games for competing platforms, such as the Sega Genesis, TurboGrafx-16, and PlayStation. Its American division majority-acquired Atari Games in 1985, before selling a portion of it in 1987 following disagreements between the two companies. Namco entered the home console market in 1984 with conversions of its arcade games for the MSX and the Nintendo Family Computer. Namco prospered during the golden age of arcade video games in the early 1980s, releasing popular titles such as Galaga, Xevious, and Pole Position. It was followed by Pac-Man in 1980, the best-selling arcade game of all time. Among Namco's first major hits was the fixed shooter Galaxian in 1979. ![]() The company renamed itself Namco in 1977 and published Gee Bee, its first original video game, a year later. ![]() It entered the video game industry after acquiring the struggling Japanese division of Atari in 1974, distributing games such as Breakout in Japan. In the 1960s, it manufactured electro-mechanical arcade games such as the 1965 hit Periscope. in 1959, a partnership with Walt Disney Productions provided the company with the resources to expand its operations. ![]() After reorganizing to Nakamura Seisakusho Co., Ltd. Namco was founded by Masaya Nakamura on June 1, 1955, as Nakamura Seisakusho, beginning as an operator of coin-operated amusement rides. It held several international branches, including Namco America in Santa Clara, California, Namco Europe in London, Namco Taiwan in Kaohsiung, and Shanghai Namco in mainland China. Namco Limited was a Japanese multinational video game and entertainment company, headquartered in Ōta, Tokyo.
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