Kadokawa Faces Pressure to Monetize Elden Ring Success Amid Shareholder Vote
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.
Jun 24, 2026