Atari opens the first Pizza Time Theater (later Chuck E. Cheese's), a combination video arcade/pizzeria conceived by Atari co-founder Nolan Bushnell. In June, Bushnell purchases the rights to Pizza Time Theater back from Atari for $500,000 USD.
Nakamura Manufacturing Ltd. formally changes its name to Namco (which it has employed as a brand name since 1971), and establishes Namco Enterprises Asia Ltd. in Hong Kong, its first subsidiary based outside Japan.