FromSoftware parent company Kadokawa Corporation has reportedly been pushing Sony Group towards a purchase, according to a new report. We first saw speculations last week that Kadokawa set the stage for a Sony acquisition to fend off a hostile takeover from foreign companies,

Sony buying Kadokawa would have major implications for FromSoftware, but those ramifications would only be the tip of the iceberg.

One of the biggest takeovers recently is being proposed by Sony as it continues to think about buying Kadokawa Corp. Last week, Kadokawa announced it had received a formal expression of interest from Sony.

Sony is currently in talks to buy FromSoftware parent company Kadokawa Corporation in its entirety, a new report has claimed.

Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up.

Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire the developer of the acclaimed "Elden Ring" fantasy game sent its stock soaring.

Sony Group is in talks to acquire fellow Japanese firm Kadokawa, according to media reports, with animation and games properties the likely target.

But for Kadokawa themselves, they have shared a statement confirming that the potential deal between them and Sony has yet to be confirmed. Noting that they “received an initial letter of intent to acquire the Company’s shares,

Sony might acquire full ownership over Kadokawa in the next weeks and the anime community is not happy about it at all.

How the entertainment company’s potential acquisition of Kadokawa, the home of “Elden Ring,” could upend anime and gaming.