A new report from Reuters claims that Sony is currently in talks about a potential acquisition of the Japanese conglomerate Kadokawa Corporation. Kadokawa Corporation owns a significant number of companies, and an acquisition would shake up the video game, anime, and manga industries in major ways. In terms of gaming publishers, Kadokawa wholly owns Spike Chunsoft, Acquire, Gotcha Gotcha Games, and FromNetworks. It also owns a 69.66% stake in Elden Ring creator FromSoftware, with Sony already owning 14.09%. Reuters reached out to both companies, but Sony declined to comment, while Kadokawa has said that it cannot comment.
"There are some articles on the acquisition of Kadokawa Corporation (hereinafter 'the Company') by Sony Group Inc," it begins. "However, this information is not announced by the Company. The Company has received an initial letter of intent to acquire the Company's shares, but no decision has been made at this time. If there are any facts that should be announced in the future, we will make an announcement in a timely and appropriate manner."