1. SEGA/Atlus catered too much to the Persona audience because they thought Persona 5 was the rising success of a franchise to exist, they release numerous titles and even ones that look similar hoping for the 7-8 million sells. But all of them bomb or barely make their money back. P3 REloaded even had to embarrassingly push out the Aegis expansion pack for 40$ right after everyone paid 70$ for the original game. Like A Dragon even has NG+ behind DLC and has caused massive backlash. The financial report of them even saying they are going all in on GAAS with their legendary franchises, makes me think that this is going to tank themselves massively. The easiest victory would be to remake them, but SEGA has not made good decisions in the West in decades.

2. Marvelous, NISA, thought that the Western/Global Mass Market would be bigger than Japan but did not realize that their main audience is the Global Niche that is similar to the Japanese audiences in the East, all of us consume the same products because we like them for the same reasons Japanese audiences do. They are currently being punished over here sells wise. Marvelous for not bringing us Senran Kagura as a franchise, and going away from fanservice. NISA due to the translators admitting that they do censor things that they think are bad. Arksys is going to be in the same boat as well soon in the AA sector because of their infamous fiasco with Bridget and the Blazblue team leaving for catering to “modern audiences” and the people here are beginning to see what is happening within regards to translation and censorship.

The only companies that understands who their true audience is the Global Niche is IFI Factory/Compile Heart with this link https://www.famitsu.com/news/202310/05319425.html and your article about SNK which i think is sad and unfortunate, because Global Niches can grow over time. Sure they may not make a lot of money, but they are sustainable and long term growth.

3. Square Enix will turn it around easily, Kiryu going all in on AI Translations, getting rid of the ethics department last minute to help with FF7 Rebirth outfits, and even consolidating their own studios for their AAA titles for more manpower with a revitalized focus on PC should be hugely beneficial for them and should be the path all other companies take. My belief is that Verum Rex will finally be out untouched and have creative freedom to be the game Nomura always dreamed of.

As for the rest it’s an entirely different subject.

A. Capcom i can say is in the clear for now and barely, but they do need to worry about their budgets and profits because the AAA industry is experiencing a common understanding that they might have reached peak budget and might need to be more conservative with it due to sells no longer reaching high enough to offset it even with DLC etc. Also hopefully Capcom can pivot over to stylized games again and move away from generic Quixel Bridge face scans to having their artist work again to make some top beautiful characters again. Capcom is starting to get stale without their artists and their games are looking on the same side.

B. Koei Tecmo i will say is having an off year to prepare for everything else, my hope is they focus on Nioh moving forward and Strangers Of Paradise 2 potentially. Even if SOP can not be made at the very least make a nice side series for it because the gameplay and mechanics are absolutely a blast and it will make money.

C. Konami is in a temporary position and they know that. They do not have much of their talent left due to going all in on Pachinko like some companies foolishly chasing all in on Gacha.

I believe the Japanese Gaming Industry is great, but they kind of misunderstand things and deeply trust things that are bad for them as a whole which does lead to backlash.
Hopefully everything should reverse back to Main audiences, Fanservice, AI Translations that move away from localizers and censorship. Because if it does, i guarantee the money will be 4X what this is and it will be a huge turnaround.