New factory to be ready in 2024
April 28, 2022 Name of listed company: Bandai Namco Holdings Inc. Name of representative: Masaru Kawaguchi, President and Representative Director (Code Number: 7832 TSE Prime Market) Contact: Yuji Asako,Director Construction Plan for New Factory for “BANDAI HOBBY CENTER” BANDAI SPIRITS CO., LTD.(Note 1), a subsidiary of Bandai Namco Holdings Inc. (the “Company”), decided to construct a new factory for BANDAI HOBBY CENTER(Note 2) (“BHC”), a production factory in Japan, in order to increase the value of plastic model kits, such as Gunpla (Gundam plastic model kits) sold worldwide, and respond to fans’ expectations. 1. Purpose of establishing a new factory The Bandai Namco Group aims to expand its global business, and proactively promotes worldwide development of visual content, products and services for the Gundam series. As a result, the popularity of plastic model kits, such as Gunpla, has increased around the world. Thus far, BHC has carried out expansion with a new building (commenced operation in December 2020) and initiatives to improve production efficiency as well as reinforcing production functions based on cooperation with Group subsidiaries and business partners. To be able to respond to fans’ expectations going forward, BANDAI SPIRITS CO., LTD. has acquired the land adjacent to it and will construct a new factory with the aim of securing an even more stable production system. The Bandai Namco Group will continue to work to improve the production system from a variety of directions. 2. Construction plan for new factory (as of April 30, 2022) (1) Newly acquired land: Approximately 4,506 tsubo (~14,895 m2) (2) Schedule April 28, 2022: Land acquisition date 2024: Commence operations (planned) 3. Future outlook The Company will announce the details, such as the outline and schedule related to the new factory, once they have been decided. (Note 1) BANDAI SPIRITS CO., LTD. Nao Udagawa, President & CEO Head Office: Minato-ku, Tokyo Capital: ¥300 million Business Activities: Planning, development, manufacturing, and sales of toys and plastic models for the mature fan base as well as prizes, sundries, etc. (Note 2) BANDAI HOBBY CENTER Location: Shizuoka-shi, Shizuoka, Japan Site Area: Approximately 3,709 tsubo (~12,261 m2) Commencement of Operations: March 2006 End of notice
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