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SUMMARY

1. History and Culture
2. Market Data
3. Pachinko Industry Regulated with Permission from Authorities
4. Market Overview
5. To Attract Customers
6. Cash Payoff System

A. THE PACHINKO INDUSTRY

I. OVERVIEW OF THE PACHINKO INDUSTRY
　　1. History of the Pachinko Industry
　　2. Changes in Market Size of Pachinko Industry
　　3. Pachinko and Amusement Markets
　　4. Pachinko Participation Trends
　　5. Changes in Market Size of Major Pachinko Related Equipment
　　6. Entry Trends into the Pachinko Market
　　7. Pachinko Related Associations and Organizations

II. ENVIRONMENT SURROUNDING THE PACHINKO INDUSTRY
　　1. Laws and Regulations of the Pachinko Industry
　　　　a. The Pachinko Industry as Permission Business
　　　　b. The Entertainment and Amusement Trades Rationalizing Act
　　　　c. Issues in Applying the Act
　　　　d. Increasing Legal Risks
　　2. Trends in the Pachinko Industry
　　　　a. Birth of Organization for the Sound Development of the Pachinko & Pachislot Industry"
　　　　b. The Play Machine Industry Enters Transformation Period
　　　　c. Toward Low Speculative Play Machines
　　　　d. Polarizing Pachinko Machine Market
　　　　e. The Pachislot Machine Market Is Forced to Transform
　　　　f. Pachinko Advertising Market

B. THE PACHINKO HALL BUSINESS

I. FIGURES AND SHARES OF PACHINKO HALL MARKET
　　1. Changes in the Number of Parlors and Machines
　　　　a. Changes in the Number of Pachinko Parlors
　　　　b. Changes in the Number of Pachinko and Dedicated Pachislot Parlors
　　　　c. Changes in the Number of Play Machines Installed
　　　　d. Installation Share of Pachinko and Pachislot Machines
　　　　e. Changes in the Size of Play Machines Installed
　　　　f. Parlors and Play Machines by Prefecture
　　2. Installation Share of Play Machines by Manufacturer
　　　　a. Research Target
　　　　b. Pachinko Machines
　　　　c. Pachislot Machines

II. MANAGEMENT OF PACHINKO HALLS
　　1. Environment for Managing Pachinko Halls
　　　　a. Dynamic Statistics of Pachinko Halls
　　　　b. The Number of Bankrupt Companies Running Pachinko Halls
　　　　c. Parlors Are Struggling for Survival
　　2. Financial Statements of Companies Running Pachinko Halls
　　　　a. Base Companies to Calculate Average Figures
　　　　b. Financial Statements of Leading Companies
　　3. Comparison of Financial Statements by Company Size
　　　　a. Profit and Loss Statements by Company Size
　　　　b. Balance Sheets by Company Size
　　4. Fund Procurement Trends
　　　　a. Pachinko Hall Operators Depend on Borrowed Capital and Debt
　　　　b. Borrowing Conditions of Pachinko Hall Operators
　　　　c. Diversified Fund Procurement Methods

III. SALES RANKING OF PACHINKO HALL OPERATORS
　　1. Number of Parlors That One Company Manages
　　2. Sales Scale of Pachinko Hall Operators
　　3. Top 200 Companies Ranked by Sales

IV. TRENDS OF PACHINKO AND PACHISLOT PARTICIPANTS
　　1. Pachinko Play Trends
　　2. Participants by Age Group
　　3. Play Frequency
　　4. Play Budget

C. PACHINKO RELATED MARKET TRENDS

I. PACHINKO MACHINE MARKET
　　1. Market Overview
　　　　a. Maturity of the "Umi Monogatari" Myth
　　　　b. Trends of Manufacturers Searching for Their Own Distinctive Area
　　　　c. Changes in the Number of Shipments, Installations, and Sales
　　　　d. Changes in Market Size
　　2. Manufacturer Trends
　　　　a. Sales Ranking and Market Share in Units
　　　　b. Sales Ranking and Market Share Value
　　　　c. Trends of Major Manufacturers
　　　　d. Development and Production
　　　　e. Sales Structure

II. PACHISLOT MACHINE MARKET
　　1. Market Overview
　　　　a. Stick to Regulation 4 Machines or Try Regulation 5 Machines
　　　　b. Signs of Expanding Disparity among Manufacturers
　　2. Market Trends
　　　　a. Changes in the Number of Installations and Sales
　　　　b. Changes in Market Size
　　3. Manufacturer Trends
　　　　a. Development and Production
　　　　b. Sales Structure

III. PACHINKO PRIZE MARKET
　　1. Introduction
　　2. Prize Market Size
　　3. General Prize Trends
　　4. Special Prize Trends

TABLES AND FIGURES

A-01 CHANGES IN PACHINKO MARKET SIZE
A-02 CHANGES IN PACHINKO MARKET SIZE AND GROWTH
A-03 CORRELATION BETWEEN ECONOMIC TREND AND MARKET TREND
A-04 MARKET SIZE OF LEISURE INDUSTRY BY CATEGORY FOR FY2005
A-05 CHANGES IN PACHINKO MARKET FIGURES
A-06 THE NUMBER OF PACHINKO PARTICIPANTS
A-07 THE RATE OF PACHINKO PARTICIPATION
A-08 THE RATE OF PACHINKO PARTICIPATION CANDIDATES
A-09 THE AVERAGE ANNUAL NUMBER OF PACHINKO PARTICIPATING ACTIVITIES
A-10 THE AVERAGE ANNUAL COST FOR PACHINKO
A-11 THE RATE OF PACHINKO PARTICIPATION BY SEX AND BY GENERATION
A-12 THE RATE OF PACHINKO PARTICIPATION BY GENERATION
A-13 THE RATE OF PACHINKO PARTICIPATION BY REGION
A-14 CHANGES IN MARKET SIZE OF PACHINKO RELATED EQUIPMENT
A-15 CHANGES IN MARKET SIZE OF PACHINKO ADVERTISING
B-01 CHANGES IN THE NUMBER OF PARLORS
B-02 CHANGES IN THE NUMBER OF PACHINKO PARLORS AND GROWTH RATE
B-03 CHANGES IN THE NUMBER OF DEDICATED PACHISLOT PARLORS
B-04 CHANGES IN THE NUMBER OF PLAY MACHINES INSTALLED
B-05 CHANGES IN THE NUMBER OF PACHINKO MACHINES INSTALLED
B-06 CHANGES IN THE NUMBER OF PACHISLOT MACHINES INSTALLED
B-07 CHANGES IN THE NUMBER OF ARRANGE / JONG BALL INSTALLED
B-08 CHANGES IN INSTALLATION SHARE OF PACHINKO AND PACHISLOT MACHINES
B-09 CHANGES IN THE NUMBER OF MACHINES INSTALLED PER PARLOR AND GROWTH RATE
B-10 CHANGES IN THE NUMBER OF PARLORS BY # OF PACHINKO MACHINES INSTALLED
B-11 GROWTH RATE IN THE NUMBER OF PARLORS WHERE PACHINKO MACHINES INSTALLED
B-12 GROWTH RATE IN THE NUMBER OF PACHINKO MACHINES INSTALLED
B-13 GROWTH RATE IN THE NUMBER OF PACHISLOT MACHINES INSTALLED
B-14 NUMBER AND GROWTH OF PARLORS BY PREFECTURE
B-15 NUMBER AND GROWTH OF PLAY MACHINES BY PREFECTURE
B-16 NUMBERS OF PARLORS AND PLAY MACHINES STUDIED
B-17 INSTALLATION SHARE BY PACHINKO MACHINE MANUFACTURER
B-18 INSTALLATION SHARE BY MAJOR PACHINKO MACHINE TYPE
B-19 INSTALLATION SHARE BY PACHISLOT MACHINE MANUFACTURER
B-20 INSTALLATION SHARE BY MAJOR PACHISLOT MACHINE TYPE57
B-21 CHANGES IN SALES, THE NUMBER OF MACHINES INSTALLED,EMPLOYEES, AND PARLORS OF PACHINKO HALL BUSINESS
B-22 THE NUMBER OF BANKRUPT COMPANIES RUNNING PACHINKO HALLS
B-23 CHANGES IN THE AVERAGE DEBT VALUE PER BANKRUPTCY
B-24 THE NUMBERS OF PACHINKO HALL OPERATORS AND PARLORS
B-25 146 COMPANIES' SALES, OPERATING PROFIT, SG&A, AND COST OF SALES
B-26 PROFIT AND LOSS STATEMENTS OF LEADING COMPANIE ON AVERAGE
B-27 146 COMPANIES’ BALANCE SHEETS STRUCTURE
B-28 BALANCE SHEETS OF LEADING COMPANIES ON AVERAGE (ASSETS)
B-29 BALANCE SHEETS OF LEADING COMPANIES ON AVERAGE (LIABILITIES AND EQUITY)
B-30 CASH FLOW STATEMENTS OF LEADING COMPANIES ON AVERAGE
B-31 SALES, OPERATING PROFIT, SG&A, AND COST OF SALES BY COMPANY SIZE FOR FY2005
B-32 PROFIT AND LOSS STATEMENTS BY COMPANY SIZE FOR FY2005
B-33 BALANCE SHEETS STRUCTURE BY COMPANY SIZE FOR FY2005
B-34 BALANCE SHEETS BY COMPANY SIZE FOR FY2005 (ASSETS)
B-35 BALANCE SHEETS BY COMPANY SIZE FOR FY2005 (LIABILITIES AND EQUITY)
B-36 INCREASE AND DECREASE OF BORROWING (Y/Y)
B-37 INCREASE AND DECREASE OF BORROWING BY COMPANY SIZE FOR FY2005
B-38 INCREASE AND DECREASE OF BORROWING FOR FY2005
B-39 FUND PROCUREMENT METHODS BY COMPANY SIZE
B-40 PURPOSE OF FUND PROCUREMENT BY COMPANY SIZE
B-41 CREDIT CONDITION OF FUND PROCUREMENT BY COMPANY SIZE
B-42 FUND PROCUREMENT METHODS THAT PACHINKO HALL OPERATORS WANT TO REINFORCE BY COMPANY SIZE
B-43 CHANGES IN THE NUMBER OF PARLORS PER COMPANY
B-44 SALES SCALE OF PACHINKO HALL OPERATORS
B-45 SALES AND NUMBER OF PARLORS BY SALES SCALE
B-46 PACHINKO FANS STRUCTURE BY AGE GROUP
B-47 PACHISLOT FANS STRUCTURE BY AGE GROUP
B-48 PACHINKO PLAY FREQUENCY
B-49 PACHISLOT PLAY FREQUENCY
B-50 PACHINKO PLAY FREQUENCY BY AGE GROUP
B-51 PACHISLOT PLAY FREQUENCY BY AGE GROUP
B-52 CHANGES IN PACHINKO PLAY BUDGET
B-53 CHANGES IN PACHISLOT PLAY BUDGET
C-01 CHANGES IN THE NUMBER OF SALES, SHIPMENTS, AND INSTALLATIONS OF PACHINKO MACHINES
C-02 MARKET SIZE AND THE NUMBER OF SALES FOR PACHINKO MACHINES
C-03 CHANGES IN PACHINKO MACHINE MARKET SIZE
C-04 CHANGES IN THE NUMBER OF PACHINKO MACHINE SALES
C-05 PACHINKO MACHINE SALES AND MARKET SHARE IN UNITS
C-06 CHANGES IN PACHINKO MACHINE SALES RANKING AND MARKET SHARE IN UNITS
C-07 PACHINKO MACHINE SALES AND MARKET SHARE VALUE
C-08 CHANGES IN PACHINKO MACHINE SALES RANKING AND MARKET SHARE VALUE
C-09 THE NUMBER OF PACHINKO MACHINE SALES FOR FY2005
C-10 PACHINKO MACHINE MARKET SIZE FOR FY2005
C-11 PACHINKO MACHINE MANUFACTURERS' DEVELOPMENT STRUCTURE
C-12 VISUAL DISPLAY SUPPLY CONDITION
C-13 PRODUCTION CAPACITY OF PACHINKO MACHINE MANUFACTURERS
C-14 RATIO OF DIRECT SALES OF PACHINKO MANUFACTURERS FOR FY2005
C-15 CHANGES IN SHARES OF SALES IN UNIT OF TOP PACHISLOT MANUFACTURERS
C-16 CHANGES IN THE NUMBER OF PACHISLOT MACHINE INSTALLATIONS AND SALES
C-17 CHANGES IN THE NUMBER OF PACHISLOT MACHINE INSTALLATIONS AND STAMPS ISSUED
C-18 PACHISLOT MACHINE SALES AND MARKET SHARE IN UNITS
C-19 THE NUMBER OF PACHISLOT MACHINE SALES FOR FY2005
C-20 CHANGES IN PACHISLOT MACHINE SALES RANKING AND MARKET SHARE IN UNITS
C-21 PACHISLOT MACHINE SALES AND MARKET SHARE VALUE
C-22 CHANGES IN PACHISLOT MACHINE SALES RANKING AND MARKET SAHRE VALUE
C-23 MARKET SIZE AND THE NUMBER OF SALES FOR PACHISLOT MACHINES
C-24 CHANGES IN PACHISLOT MACHINE MARKET SIZE
C-25 CHANGES IN THE NUMBER OF PACHISLOT MACHINE SALES
C-26 PRODUCTION CAPACITY OF PACHISLOT MACHINE MANUFACTURERS
C-27 MARKET SIZE OF GENERAL PRIZES