Web Definition: Snk
SNK is a Japanese video game company. SNK stands for Shin Nihon Kikaku, translated to New Japan Project. The company was founded by Eikichi Kawasaki in 1978, who presided over SNK until its collapse in fall 2000, due to under-financing by then-parent company Aruze. SNKs properties were then scattered out amongst several other entities, from Korean-based Eolith & Mega Enterprises to Japan-based Noise Factory. However, in anticipation of Aruzes actions, Kawasaki founded a new holding company by the name of Playmore, then spent the following year chasing down the rights to these intellectual properties; as of mid-2002, Kawasaki had regained all of SNKs property -- most recently, the SNK name itself. As such, in 2003, the company name was changed to SNK Playmore. Many of SNKs former staff, as of 2000, is currently employed at the new company. Even so, there remains a division in some sections of the fan community, where for every person who thinks Playmore has done a great job so far, given the circumstances, a certain number remain disgruntled over the changes of the past few years.
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