Sony Kadokawa

In what is essentially an update on previous reports, Sony has now confirmed that it's interested in acquiring fellow Japanese giant Kadokawa — the parent company of FromSoftware.

This is a story that's been rumbling on for weeks now, with Kadokawa itself revealing that Sony had sent an "initial letter of intent" back in November. At the time, Sony had nothing to say on the matter, and didn't release any kind of public statement.

However, Sony has just come out and admitted to its perceived plans for the first time. According to Yahoo! Japan, the most recent issue of Weekly Bunshun — a longstanding Japanese magazine — features a quote from a Sony representative.

It reads: "It is true that we have expressed our initial intentions [of acquiring Kadokawa]. We would appreciate it if we could refrain from commenting further."

With confirmation of the potential buyout now coming from both sides, it's possible that the deal has progressed behind the scenes — but until we get official word on what's going down, all we can do is speculate.

What do you think of this whole saga? Is the buyout inevitable? Wonder how things will play out in the comments section below.

[source news.yahoo.co.jp, via x.com]