Read the full letter below:
There are some articles about the acquisition of Kadokawa Corporation (hereinafter “the Company”) by Sony Group Inc. However, the Company does not announce this information. The Company 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 events that need to be announced in the future, we will do so in a timely and appropriate manner.
In addition to owning a majority stake in FromSoftware, Kadokawa also owns danganronpa developer Spike Chunsoft and Octopath Traveler study Acquire. Beyond video games, Kadokawa's holdings also include several anime, manga, television and film production companies. Sony already owns a 2 percent stake in Kadokawa, as well as a 14 percent stake in FromSoftware.
