News
Kadokawa Games Divests Part of Its Business to New Company Dragami Games
posted on by Alex Mateo
Yoshimi Yasuda and company director Satoshi Fuyuno established Dragami Games on May 13.
Yasuda will retire from his position in June after 14 years at the company. He will continue to develop titles at the new company.
The company Extreme plans to acquire a stake in Dragami Games.
Chinese internet conglomerate Nobuo Kawakami is the fourth-largest.
Last year, Kadokawa Sony to strengthen its game and animation businesses. The company's goals are to strengthen the Global Media Mix Strategy to expand Kadokawa's IPs worldwide, and to cooperate with CyberAgent and Sony for "mutual exploitation of each other's business, expertise, and other strengths." Kadokawa will issue CyberAgent and Sony 1,422,475 shares each, which will give each company 1.93% ownership.
MyAnimeList stock through a third-party allotment last year.
Kadokawa Corporation J-Novel Club in April 2021.
Kadokawa reorganized its corporate structure in October 2020. The company replaced its previous six departments with 13 different groups, each of which has a "chief officer" executive bearing the title of their respective group. Kadokawa noted that the restructuring would allow the company to achieve a more flat and horizontal corporate structure.
Sources: Kadokawa Games' Twitter , Famitsu.com via Gematsu
