Oasis Management Company (Oasis), is a hedge fund management firm headquartered in Hong Kong with additional offices in Tokyo and Austin, Texas. It is an activist investor, that has pushed for significant change at companies. In recent times, it has been focusing on Japanese firms.
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.