Kadokawa Corporation is home to some pretty major developers, including Danganronpa's Spike Chunsoft and Octopath Traveler's Acquire, and has almost a 70% stake in too-many-bangers-to-list studio FromSoftware. It's not just games, either, as the media conglomerate also owns Niconico, which is essentially Japan's alternative to YouTube.
It doesn't mean much at all right now, but I do wonder what impact it'll have if it goes through. For one thing, FromSoftware has a pretty tight working relationship with Bandai Namco, which has published a fairly big chunk of FromSoft’s library and has IP rights to those games.