VERACITY IN GAMING
VERACITY IN GAMING
Sony acquisition rumors cause FromSoftware parent company Kadokawa’s shares to skyrocket while Bandai Namco’s fall
Reports that Sony will acquire Fromsoftware parent Kadokawa are having a significant effect on the share prices of companies involved
Bushiroad makes decided shift towards console games with 13 new titles in the pipeline
Bushiroad is moving its focus from mobile games to console titles, concentrating on horizontal development of their IPs.
Capcom’s focus on long-term sales means that they usually recoup development costs about a year after launch, then make a profit
In a Q&A session with shareholders, Capcom revealed how their long-term strategy for selling games relies on slow burners over immediate hits.
The First Descendant and MapleStory drive Nexon’s record-breaking Q3 results
Nexon's 2024 Q3 profits were boosted by strong overseas performances of The First Descendant, MapleStory and Dungeon & Fighter.
NIKKE x Evangelion collaboration didn’t perform as well as expected, reveals Shift Up
Although it sent Goddess of Victory: NIKKE up Japan's app charts, Shift Up found the results of the Evangelion collab "underwhelming."
Memento Mori dev Bank of Innovation looking to further global expansion with two large-scale new RPGs in the works
Bank of Innovation, the Japanese developer behind Memento Mori, aims for “explosive and sustainable profit growth” with new games in the pipeline.
Sega console game sector growth driven by Vanillaware’s Unicorn Overlord, big profits from Sonic and Metaphor: ReFantazio expected
Sega console game sales have been driven by older titles so far this fiscal year, but that seems likely to change next quarter.
FromSoftware and Spike Chunsoft parent company Kadokawa has 26 new games in development
Game companies in the Kadokawa Group, including Elden Ring dev FromSoftware and Spike Chunsoft, are working on a total of 20 console and 6 mobile games.
Marvelous scores success in arcade business with new Pokémon machines, plans to establish a new office in China
Rune Factory developer Marvelous continues to successfully expand its amusement business overseas despite overall profit decline.
Nintendo reports overall decline in Nintendo Switch software and hardware sales in the first half of the fiscal year
Nintendo revises its sales forecast downwards for FY2025 as Switch software and hardware sales fall compared to previous year's Tears of the Kingdom driven high.
Konami reports record high half-year profits thanks to strong performance of video game sector
Konami's profits for Quarter 1 of the 2025 fiscal year broke records thanks to games like eFootball and Power Pro, with Silent Hill 2 to contribute to Q2 profits.
Rune Factory developer Marvelous reports 92% drop in profit due to a lack of new game releases
Story of Seasons and Rune Factory developer Marvelous reports 92% drop in profit due to a lack of new games both in Japan and overseas.
ByAmber V
Koei Tecmo to focus on in-house development and self-publishing, eyeing consistent yearly releases of “major titles”
Koei Tecmo's 2024 financial report details their long-term milestones and global strategy, including plans to consistantly release major titles like Rise of the Ronin and Dynasty Warriors Origins.
Bandai Namco expects huge profit increases across the board thanks to Elden Ring’s enduring success, new Idolmaster title and booming hobby market
Elden Ring, Gakuen Idolmaster and Mobile Suit Gundam movie highlighted as key contributors to Bandai Namco's increased profit forecast
Saudi Arabia’s PIF reduces stake in Nintendo, despite recent reports suggesting it would increase it
Saudi Arabia’s Public Investment Fund sold over 1% of its shares in Nintendo over the past few months but remains a major shareholder.
Chinese publishers such as NetEase might be abandoning Japanese developers after years of investment
Major Chinese publishers such as NetEase and Tencent are backing out from the Japanese market after years of investment yielded few hits.
- ByAmber V
Japan’s game market grew steadily in 2023, with the PC game market expanding by 25%
Japan's game market experienced steady growth in 2023, with PC game sales and console sales rising (particularly the PS5 and Nintendo Switch)
The First Descendant highlighted as high-potential source of revenue in Nexon’s financial report
Nexon's new games Dungeons & Dragons Mobile and The First Descendant perform strongly for the video game publisher and developer.
Delicious in Dungeon becomes Kadokawa’s top-earning IP after anime adaptation’s premiere
Delicious in Dungeon (Dungeon Meshi) earned over 2 billion yen in just 3 months, more than double the revenue of Kadokawa's 2nd top earning franchise.
Square Enix’s 250% profit increase carried by Final Fantasy 14 as sales of PC and console games drop
Square Enix experienced a dramatic increase in operating profits thanks to streamlining efforts and the strong performance of Final Fantasy 14
Sega, Capcom, Nintendo and other game companies’ share values bounce back after Monday Tokyo Stock Exchange plummet
Game and anime-related companies in Japan recover from yesterday's plummet as Tokyo Stock Exchange experiences highest rise on record.
Nintendo, Capcom and other major Japanese game companies’ shares plummet as Tokyo Stock Exchange sees record-breaking fall
Major Japanese game companies like Nintendo, Sega and Capcom have been heavily affected by the Tokyo Stock Exchange's record fall.
- ByAmber V