Founded in November 1985, Coconuts Japan quickly found success in their series of pachinko simulation games. The company would even establish a company mascot themed around this newfound forte: the anthropomorphic pachinko ball Pachio-kun. Coconuts Japan halted game development in 2000 after poor software sales, and over the next two years attempted to remain in business by leveraging their various copyrights in licensing agreements. Ultimately, this endeavor was not enough to save the company, and Coconuts Japan formally declared bankruptcy in 2002. Since then, Coconuts Japan Entertainment's back catalogue has been owned by Soft Vision.