In 2003, Playmore Corporation was renamed to SNK Playmore Corporation. Anticipating the end of the company, established Playmore Corporation in 2001, which acquired all of the intellectual property of the first iteration of SNK Corporation. The Neo Geo line was halted in 2001 because financial troubles forced SNK Corporation to close in the same year. SNK is known for its creation of the Neo Geo family of arcade, home, and handheld game consoles in 1990. In 1981, the name was informally shortened to SNK Corporation, which became the company's official name in 1986.
SNK's predecessor Shin Nihon Kikaku Corporation was founded in 1978 by Eikichi Kawasaki. It is the successor to the company Shin Nihon Kikaku and presently owns the SNK video game brand and the Neo Geo video game platform, and electronics. SNK Corporation ( 株式会社SNK, Kabushiki-gaisha Esu Enu Kē) is a Japanese video game hardware and software company.
