The rumored interest of Sony in buying an acquiring FromSoftware parent company, the Kadokawa Group, is now more than just a rumor. Sony itself has chimed in on the matter and confirmed that it had already expressed “initial intentions” in a Kadokawa acquisition.

According to the latest reports, Sony has confirmed its interest in buying Kadokawa, the parent company of FromSoftware. Read more here.

Employees at FromSoftware owner Kadokawa are reportedly optimistic about a potential buyout from Sony due to frustration with current management. Kadokawa suffered a ransomware cyberattack earlier this year, but employees were left disappointed by the response from current president and CEO Takeshi Natsuno.

Employees of Kadokawa are reportedly hopeful that a potential takeover by Sony is completed, due to issues with the current management at the company. Last month it was reported that Kadokawa, the media powerhouse that owns Elden Ring developer FromSoftware among other companies, was in talks to be acquired by Sony.

Kadokawa Corporation, the parent company of Elden Ring, Dark Souls, and Armored Core developer FromSoftware, has published a statement confirming that it's recently received a "letter of intent" from Sony Group Corporation about a potential acquisition,

Kadokawa Corporation, the parent company of Elden Ring developer FromSoftware, confirmed Sony's intent to acquire them last week. Kadokawa CEO Takeshi Natsuno confirmed the news in a press release on November 20th, stating that the company had received an initial letter of intent from Sony Group Inc. to acquire all of Kadokawa's shares.