Tencent Raises Stake in FromSoftware Parent Kadokawa to 7.97 Percent: Report
Briefly

Tencent Holdings has increased its stake in Kadokawa, owner of FromSoftware, from 6.86% to 7.97% by acquiring an additional 1.11%. This move follows Tencent's initial investment of JPY 30 billion in 2021. Concurrently, Kadokawa has entered talks with Sony, which became the largest shareholder by raising its stake to nearly 10%. Kakao Investment is the second largest shareholder with 8.44%. As Kadokawa seeks to enhance its partnerships, Tencent’s growing investment highlights the competitive dynamics within the gaming industry.
Tencent’s stake in Kadokawa has grown from 6.86 percent to 7.97 percent after acquiring an additional 1.11 percent, further solidifying its presence in the gaming sector.
This share increase comes at a time when Kadokawa is navigating partnerships with major industry players like Sony, highlighting intense competition for influence over the gaming landscape.
Read at Gadgets 360
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