News Kadokawa 12 Jun 2026, 15:012 min read

Kadokawa's shareholder conflict and the impact on FromSoftware

Kadokawa's shareholder conflict and the impact on FromSoftware

Intelligence Summary

  • Discover the impact of Kadokawa's recent shareholder shift on FromSoftware and the gaming industry.

In brief

  • A Chinese investment firm has become Kadokawa's largest shareholder.
  • There are rumors that this new shareholder wants to replace Kadokawa's CEO.
  • Pressure on FromSoftware to make safer and more profitable games could affect the creative direction of its titles.

GAME-scanner analysis

The recent acquisition of a significant stake in Kadokawa by Chinese investment firm Oasis Management has sparked concern within the gaming community. With a 13.76% share, Oasis has overtaken Sony as Kadokawa's largest shareholder. This marks a major shift in the company's power structure, which is known for its influential subsidiaries such as FromSoftware, the developer behind iconic titles like Dark Souls and Elden Ring.

Rumors about the possible replacement of CEO Takeshi Natsuno are worrying. Uncertainty about Kadokawa's leadership could affect the company's stability, which in turn may have consequences for the development of FromSoftware's future projects. Pressure from Oasis to create more profitable and safer games could also put FromSoftware's creative freedom at risk. This is especially relevant given the unique and often challenging nature of its games, which have built a loyal fanbase.

What does this mean for players?

For players, this situation could lead to changes in the kinds of games FromSoftware develops going forward. If the new shareholder does indeed influence the creative direction, we may see fewer innovative and more commercial titles. That would be a disappointment for fans who value FromSoftware's distinctive gameplay and storytelling.

Timeline

  • June 12, 2026: Oasis Management becomes Kadokawa's largest shareholder with 13.76% of the shares.

  • Current: Rumors of the CEO's replacement and pressure on FromSoftware to develop more profitable games.

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