Sony Becomes Largest Shareholder of Anime Powerhouse and FromSoftware Owner Kadokawa
"Through this capital and business alliance, we will become the largest shareholder of KADOKAWA, which consistently creates a wide variety of IP, including publications and books, such as light novels and comics, as well as games and anime," said Hiroki Totoki, president, COO and CFO of the Sony Group Corporation.
Sony now owns a much bigger piece of FromSoftware’s parent company
Sony has announced that it has increased its holdings in Japanese media giant and FromSoftware parent company Kadokawa Corporation. Sony acquired the shares for 50 billion yen or roughly $300 million, bringing its total ownership to 10 percent and making it the Kadokawa’s largest shareholder.
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