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FromSoftware parent company confirms Sony’s acquisition interest

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Kadokawa, the parent company of Elden Ring developer FromSoftware, has confirmed Sony’s interest in an acquisition, but has not made a decision.

Reports that Sony was in talks to acquire Kadokawa, the Japanese media conglomerate that owns Elden Ring developer FromSoftware, have been confirmed. Kadokawa has released a short statement acknowledging Sony’s intention but stating that no decision had been made. Read the full letter below: > There are some articles on the acquisition of Kadokawa Corporation by Sony Group Inc. However, this information is not announced by the Company.

In addition to owning a majority stake in FromSoftware, Kadokawa also owns Danganronpa developer Spike Chunsoft and Octopath Traveller studio Acquire. Beyond video games, Kadokawa’s holdings also include a number of anime, manga, TV, and film production companies. Sony already owns a 2 percent stake in Kadokawa, as well as 14 percent stake in FromSoftware. Sony’s recent acquisitions have been a sore point for the console maker.

 

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