Sony raises stake in FromSoftware's parent company Kadokawa to 10%, but no takeover plans for now

What just happened? The prospect of future FromSoftware games becoming PlayStation exclusives started looking more likely yesterday when Sony increased its stake in the studio's parent company to 10%. Sony paid $300 million for the new shares of Kadokawa, and while it is now the company's largest shareholder, it doesn't own it outright – there were rumors that Sony was planning an acquisition.

It was reported in November that Sony was in talks to acquire Kadokawa Corporation. In addition to FromSoftware, Kadokawa owns Spike Chunsoft, developer of the Danganronpa series, as well as Acquire (Octopath Traveler) and Gotcha Gotcha Games (RPG Maker and Pixel Game Maker).

Instead of a full takeover, Sony and Kadokawa have entered into a "strategic capital and business alliance agreement." This includes Sony increasing its shares in Kadokawa from the previously owned 2% to 10%.

Kadokawa owns 70% of FromSoftware, while Sony already has ...