Sony Becomes Largest Shareholder in Kadokawa with $320 Million Investment

The 10% stake solidifies a strategic alliance to expand global reach in gaming, anime, and media adaptations.

Sony has acquired a 10% stake in Kadokawa Corporation for 50 billion yen (approximately $320 million), becoming its largest shareholder.
The deal, effective January 7, 2025, follows prior speculation of a full acquisition, which Sony has opted not to pursue at this time.
The partnership aims to adapt Kadokawa's intellectual properties into live-action films, TV dramas, and co-produced anime for global audiences.
Sony and Kadokawa will collaborate to expand the publishing and distribution of Kadokawa's games, while exploring joint investments and discovering new creators.
FromSoftware, a Kadokawa subsidiary and developer of Elden Ring, remains a key asset, though no immediate exclusivity changes for its games have been announced.