Sony to Become Largest Shareholder with $320 Million Investment in Kadokawa

Investing.com -- Sony Group announced on Thursday that it will invest approximately 50 billion yen ($320 million) by purchasing new shares in the Japanese media giant Kadokawa. This investment will increase Sony's stake in Kadokawa to around 10%, making Sony the largest shareholder.

Sony and Kadokawa have previously collaborated on several projects. The new capital partnership is expected to further strengthen their collaboration, alongside plans for joint investments in content production and the discovery of new creators.

This investment will expand Sony's already diverse entertainment portfolio, which includes games, films, music, and anime. Kadokawa is the controlling entity of FromSoftware, known for successful games like "Elden Ring."

This deal is anticipated to add significant value to Sony's gaming segment.

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