Sony to become largest shareholder in FromSoftware parent company Kadokawa

Thu, 19 Dec 2024 13:04:22 +0000

On Jan. 7, 2025, Sony will become Kadokawa's largest stockholder by purchasing 12,054,100 new Kadokawa shares for 50 billion yen (around $320 million). This purchase, combined with a previous round of share acquisition in February 2021, will bring Sony's total holding in Kadokawa to 10% of the company.