Quite tersely, Kadokawa simply confirmed that Sony was undermining him on the financial markets. “ The company has received a letter of intent to acquire shares in our company, but no decision has been made at this time. If the situation should change, we will inform you as soon as possible. » The Japanese giant therefore validates the information from Reuters, which can rub its hands at having unearthed such a great scoop.
If Kadokawa is quick to confirm the news although negotiations and reflections are still ongoing, it is because the Reuters report gave a huge boost to its stock market valuation. The price of Kadokawa shares swelled by 23% on Tuesday, effectively reaching the daily limit imposed by Japanese law. When the Japanese markets closed earlier today, the publisher had climbed another 16% while Sony posted a quiet increase of 3.31%.
In summary, the Stock Exchange is already validating this potential acquisition which will open to Sony the doors to a gigantic toy box full of varied franchises, and above all would offer it a potential monopoly on the video industry. animes in the medium term. Not to mention the allegiance of Famitsu, the first Japanese video game magazine. According to the Serkan Toto analysis, this acquisition could “ reduce PlayStation's dependence on blockbusters and stabilize Sony's entertainment branch ».
Remember, however, that this purchase offer is issued by Sony Corporation, not Sony Interactive Entertainment. If the takeover occurs, it will therefore be necessary to see if management decides to send From Software under PlayStation governance or if the studio would retain its organizational independence like Bungie previously.
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