VERACITY IN GAMING
VERACITY IN GAMING
Japan’s console market shrunk by over 30% in 2024, bringing an end to 4 consecutive years of growth
However, data shows that the Nintendo Switch clearly dominated both Japan's hardware and physical software sales in 2024.
Tales of Graces f Remastered helped save Japanese support studio Tose from financial struggle
Releasing today, it seems that Tales of Graces f Remastered was one of the titles that helped the studio back from the brink.
Bullet hell shooter dev Cave sees gaming sector profits decline but anticipates upturn
DoDonPachi developer Cave announced their latest earnings and their future plans for strengthening their top shmup IPs.
Ubisoft stock price plummets following Strategic Update announcement and Assassin’s Creed Shadows delay
Uncertainties around Ubisoft's future direction and the delay of Assassin's Creed Shadows impacts investor confidence.
2024 review of major Japanese game companies’ performance
Automaton West's overview of how Japanese game companies like Sony, Nintendo, Bandai Namco, Square Enix, Sega and Capcom fared in 2024.
Pokémon TCG Pocket’s huge success prompts developer to double profit forecast
Pokémon TCG Pocket co-developer DeNA revises annual forecast upwards due to the free-to-play app's profitable global success.
Sony to become Kadokawa’s largest shareholder in new co-operative business alliance
Sony and Kadokawa have entered into a strategic business alliance focused on working together to maximize the value of each other's IP globally
Nihon Falcom share price rises following founder’s death
The death of Nihon Falcom founder and major shareholder Masayuki Kato has prompted the share price of the Ys and Trails developer to rise.
Japanese developer records miraculous 6214% profit growth thanks to explosive success of Gakuen Idolmaster
Gakuen Idolmaster dev QualiArts sees profits soar thanks to the runaway success of the idol-raising, Slay the Spire style deck builder.
Elden Ring Nightreign announcement sends Bandai Namco stock price soaring
Today's reveal of FromSoftware's Elden Ring spin-off Elden Ring Nightreign increased investor confidence in publisher Bandai Namco.
Sony shares hit highest price in almost 25 years
Sony’s share price hit an all-time record high on Wednesday- with the market closing value at the highest it has been since March 2000.
Infinity Nikki developer’s mobile hit Love and Deepspace makes chart-topping profits in Japan
Infold Games' Love and Deepspace was both the top downloaded and top grossing interactive story mobile game in Japan this year.
Nintendo shares rise for 8 consecutive days, reaching record high in response to Saudi Arabian fund lowering its stake to 5.26%
Nintendo's stock price has reached a record high since listing, fueled by the reduction of the PIF's stake and speculation about the Switch 2.
ByAmber V
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.