Tencent acquires additional shares in FromSoftware parent company, Kadokawa
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Tencent acquires additional shares in FromSoftware parent company, KadokawaTencent increased shareholding "as part of a capital business alliance"Image credit: FromSoftware News by Vikki Blake Contributor Published on March 4, 2025 Tencent has increased its stake in FromSoftware's parent company, Kadokawa, by 1.11%, bringing its total shareholding ratio to 7.97%.As reported by Nikkei, Tencent said it had increased its share "as part of a capital business alliance between the submitter and the issuer."It brings Tencent's share of Kadokawa to within two points of Sony's, which increased its shares to 10% last December, making it FromSoftware's parent company's biggest shareholder.At the time, Kodokawa announced a "strategic capital and business alliance agreement" which saw Sony acquire more than 12 million new shares in Kadokawa on January 7, 2025 for around 50 billion ($318 million).
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