Tencent Increases Stake in FromSoftware Parent Kadokawa to 7.97%
The move narrows the gap with Sony, Kadokawa's largest shareholder, and strengthens Tencent's presence in the gaming industry.
- Tencent raised its stake in Kadokawa, FromSoftware's parent company, by 1.11%, bringing its total ownership to 7.97%.
- Sony remains Kadokawa's largest shareholder with a 10% stake, following a major investment in late 2024.
- Kadokawa, a Japanese media company, owns FromSoftware, the developer behind hit titles like Elden Ring and the Dark Souls series.
- Tencent's increased stake is part of a broader capital and business alliance between the two companies.
- The investment reflects Tencent's ongoing strategy of expanding its influence in the global gaming industry, where it already holds stakes in companies like Riot Games, Epic Games, and Ubisoft.