This article was originally published on link to post
Dark Souls and Elden Ring creator Hidetaka Miyazaki recently commented on the shareholder pressure that is putting FromSoftware parent company Kadokawa in the news lately. Reassuring fans, he insisted that Fromsoftware can still “freely make the kind of games we want to make without excessive interference.”
Kadokawa has been in the news in Japan lately, as an activist investment firm has gradually acquired the largest stake in the Japanese multimedia conglomerate. As previously reported by IGN back in March, Oasis Management Company is a major activist investor in Kadokawa that has raised its stake to 13.76%, according to Kadokawa’s latest AGM announcement. For context, this even beats out second biggest shareholder Sony’s 11.01% stake.
Not to be confused with political activism, an activist investor is an individual or company that aims to purchase a significant minority stake in other companies so that they can influence how they are operated or managed, usually with the aim of boosting shareholder returns.
On its website A Better Kadokawa, Oasis recognizes the huge financial success that FromSoftware has brought Kadokawa with its acclaimed series like Armored Core and Dark Souls and, of course, Elden Ring. However, it claimed that “Kadokawa fails to capture
0 Comments