Tokyo-based Klab played a major role in the “kompu gacha” shock story that rocked the Japanese social game industry in the last week. The company is one of Japan’s biggest 3rd-party social game makers and developed titles on Mobage, Yahoo-Mobage, Mixi, GREE, and Nico Nico Douga.
KLab got listed on the Tokyo Stock Exchange Mothers Index in September last year and reported yesterday it will move to the first section of the Stock Exchange on May 18.
This is a big step for KLab and good news for the social gaming industry as a whole. It took just 8 months for KLab to make the jump, making it the fastest company ever to do so.