Sony buys Minority Stake in Kadokawa (Fromsoftware) to create new IP

[Gizmo_Duck]

Source of slides: https://ssl4.eir-parts.net/doc/9468/ir_material_for_fiscal_ym7/94862/00.pdf

Kadokawa will be issuing to CyberAgent 1,422,475 shares and Sony 1,422,475 shares at a price of ¥3,515 per share on February 19th, 2021. Note: Kadokawa has raised ¥9,999,999,250 in funding to issue those shares to CyberAgent and Sony.

After the shares have been issued, CyberAgent and Sony will each own 1.93% of total shares in Kadokawa.

Source of shares issued: https://ssl4.eir-parts.net/doc/9468/tdnet/1926901/00.pdf

 

[Batsute]

We can finally get a Ratman game

 

[Gizmo_Duck]

I assume Froms next game after Elden Ring will prob be a PlayStation game.

Kadokawa Games In Negotiations to Develop a PS5 Game

 

[Tunez]

They best friends now

 

[TripleAgent]

Seems smart