Kadokawa Corporation , formerly Kadokawa Dwango Corporation, is a Japanese conglomerate based in Fujimi, Chiyoda, Tokyo.
Source: Wikipedia
Elden Ring, with over 30 million copies sold, has propelled its developer FromSoftware to global acclaim, yet Kadokawa, its parent company, is under fire from activist investor Oasis Management for not maximizing profits, especially through self-publishing globally. Despite CEO Takeshi Natsuno surviving a recent shareholder vote, Oasis, now holding a 15.25% stake, continues to push for strategic changes. The franchise's future, including the upcoming Tarnished Edition and potential sequels, hangs in the balance.
FromSoftware's president Hidetaka Miyazaki has reassured fans that the studio is working on both announced and unannounced titles, including the upcoming Switch 2-exclusive Duskbloods. Miyazaki's statement comes amidst controversy surrounding parent company Kadokawa, which is facing pressure from hedge fund Oasis Management. Despite the turmoil, Miyazaki expresses satisfaction with FromSoftware's current development environment.
Hidetaka Miyazaki assures fans that FromSoftware remains free to create the games it wants despite Kadokawa's investor pressures, teasing both announced and unannounced titles, including Elden Ring's upcoming Switch 2 release. With Elden Ring surpassing 30 million copies sold worldwide, the studio's creative autonomy is a relief to fans worried about the influence of major shareholders like Oasis Management Company. Miyazaki emphasizes maintaining the current development environment as a priority.
Kadokawa, a manga publishing giant, reports a 51.3% drop in operating profits, blaming its excessive reliance on isekai-type works for lacking originality and quality. The publisher of notable titles like Isekai Quartet acknowledges the strategy failed to produce new hits. This shift mirrors the gaming industry's retreat from live-service dominance.
The tactical RPG God Wars: The Complete Legend is no longer available on Nintendo eShop. Find out what led to its delisting, the game’s history, and alternatives for fans of the tactical RPG genre.