Heiwa Corporation (Japanese: 株式会社平和, Hepburn: Kabushiki Gaisha Heiwa) is a privately owned Japanese manufacturer of pachinko and pachislot machines established in Kiryū, Gunma in 1949.
[3] Born in Korea, Kenkichi Nakajima, then a student, came to Japan in 1937 and worked in a defense factory during World War II.
[4][3] In 1949, he established Heiwa ('peace') as he wanted to produce goods unrelated to war;[3] it was, however, only officially incorporated on September 9, 1960.
[2] In 1998, Heiwa acquired Olympia, another pachinko manufacturer, and turned it into a subsidiary company.
[2] In 2004, it founded the subsidiary company PGM Holdings, a golf course operator.