{"id":106093,"date":"2024-12-19T02:02:12","date_gmt":"2024-12-19T10:02:12","guid":{"rendered":"https:\/\/anitrendz.net\/news\/?p=106093"},"modified":"2026-02-03T19:09:57","modified_gmt":"2026-02-04T03:09:57","slug":"sony-to-become-kadokawas-biggest-shareholder-after-new-agreement","status":"publish","type":"post","link":"https:\/\/anitrendz.net\/news\/2024\/12\/19\/sony-to-become-kadokawas-biggest-shareholder-after-new-agreement\/","title":{"rendered":"Sony To Become KADOKAWA&#8217;s Biggest Shareholder After New Agreement"},"content":{"rendered":"\n<p><span style=\"font-size: 12pt\"><strong>Sony<\/strong> has signed a Strategic Capital and Business Alliance Agreement with <strong>KADOKAWA<\/strong>, which it says is for the purpose of &#8220;acquiring 12,054,100 new KADOKAWA shares.&#8221;<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\">The ownership of these shares, which cost &#8220;approximately 50 billion yen&#8221; (~US$318.7 million), as well as the shares that were acquired back in February 2021 makes Sony KADOKAWA\u2019s largest shareholder. The percentage of the shares Sony holds amounts to 9.68%, while its voting right percentage is 10.11%. The former is lower than the percentages held by Korea Securities Depository &#8211; Samsung (10.01%) and The Master Trust Bank of Japan, Ltd. (9.76%), but as noted by KADOKAWA, these entities are &#8220;trust business operators holding the shares as trust property, and <\/span><span style=\"font-size: 12pt\">so it has been determined that they do not constitute major shareholders or the largest major shareholder.&#8221;<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\">Sony&#8217;s press release says, &#8220;KADOKAWA and Sony historically have collaborated on various projects, and through this capital and business alliance, intend to further strengthen our collaboration to maximize both companies\u2019 IP value globally and facilitate wider and deeper collaboration, such as potential joint investments in the content field, joint discovery of new creators, and joint promotion of further media mixes of both companies\u2019 IP.&#8221;<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\">It adds that there are plans to &#8220;discuss specific initiatives for collaboration, such as initiatives to adapt KADOKAWA\u2019s IP into live-action films and TV dramas globally, co-produce anime works, expand global distribution of KADOKAWA\u2019s anime works through the Sony Group, further expand publishing of KADOKAWA\u2019s games, and develop human resources to promote and expand virtual production&#8221; in the future.<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\">Sony also says that there are no plans for further share acquisitions for the moment, and that the &#8220;capital and business alliance is not anticipated to have a material impact on Sony\u2019s consolidated financial results for the fiscal year ending March 31, 2025.&#8221;<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\">In a press release quote, KADOKAWA CEO <strong>Takeshi Natsuno<\/strong> said that the alliance will &#8220;not only further strengthen our IP creation capabilities, but also increase our IP media mix options with Sony\u2019s support for global expansion, allowing us to deliver our IP to more users around the world.&#8221;<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\">Meanwhile, Sony President, COO, and CFO <strong>Hiroki Totoki <\/strong>said, &#8220;By combining KADOKAWA\u2019s extensive IP and IP creation ecosystem with the strengths of Sony, which has promoted the global expansion of a wide range of entertainment, including anime and games, we plan to work closely together to realize KADOKAWA\u2019s \u2018Global Media Mix\u2019 strategy, aimed at maximizing the value of its IP, and Sony\u2019s long-term vision, \u2018Creative Entertainment Vision.\u2019&#8221;<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\"><span style=\"font-weight: 400\">Sony, or the Sony Group, had previously owned 2.01% of KADOKAWA\u2019s stakes. Its <\/span><b>Sony Interactive Entertainment<\/b><span style=\"font-weight: 400\"> subsidiary owns 14.09% of the shares of notable game developer<\/span><b> From Software<\/b><span style=\"font-weight: 400\">, of which KADOKAWA is the majority shareholder. <a href=\"https:\/\/www.reuters.com\/markets\/deals\/sony-talks-buy-media-powerhouse-behind-elden-ring-sources-say-2024-11-19\/\" target=\"_blank\" rel=\"noopener\">Reuters reported in November<\/a> that the two parties were in talks about an acquisition deal.<\/span><\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\"><span style=\"font-weight: 400\">Light novel readers may recognize KADOKAWA best for their publishing business. Titles like <\/span><i><span style=\"font-weight: 400\">Re: ZERO Starting from Another World<\/span><\/i><span style=\"font-weight: 400\">, <\/span><i><span style=\"font-weight: 400\">My Happy Marriage<\/span><\/i><span style=\"font-weight: 400\">,<\/span><i><span style=\"font-weight: 400\"> Days With My Stepsister<\/span><\/i><span style=\"font-weight: 400\">, and <\/span><i><span style=\"font-weight: 400\">Sword Art Online<\/span><\/i><span style=\"font-weight: 400\"> are published under KADOKAWA-related labels.<\/span><\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;font-size: 12pt\">While it was founded in 1945 as a publishing house,&nbsp; KADOKAWA has since involved itself in other pursuits as well. Its website lists fields like IP creation, animation and film, gaming, web services, and education.<\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\"><span style=\"font-weight: 400\">Anime-wise, KADOKAWA has lately been aiming for the production of <\/span><a href=\"https:\/\/blog.sakugabooru.com\/2022\/02\/22\/the-anime-industry-bottleneck-the-unrewarding-nightmare-to-assemble-a-high-profile-team\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">more titles<\/span><\/a><span style=\"font-weight: 400\">, as well as <\/span><a href=\"https:\/\/anitrendz.net\/news\/2023\/11\/06\/kadokawa-wants-more-anime-seasons-fully-owned-studios-ai-implementation\/\"><span style=\"font-weight: 400\">more seasons and episodes<\/span><\/a><span style=\"font-weight: 400\">. As part of its anime ambitions, the company bought the animation production studio <\/span><a href=\"https:\/\/anitrendz.net\/news\/2024\/07\/11\/doga-kobo-becomes-kadokawa-subsidiary\/\"><b>Doga Kobo<\/b><\/a><span style=\"font-weight: 400\"> in July, adding it to its collection of <\/span><span style=\"font-weight: 400\">anime studios that include subsidiaries <\/span><b>ENGI<\/b><span style=\"font-weight: 400\">, <\/span><b>Studio KADAN<\/b><span style=\"font-weight: 400\">, <\/span><b>Raging Bull<\/b><span style=\"font-weight: 400\">, and <\/span><a href=\"https:\/\/anitrendz.net\/news\/2024\/05\/07\/kadokawa-announces-new-animation-studio-bellnox-films\/\"><b>Bellnox Films<\/b><\/a><span style=\"font-weight: 400\">, as well as affiliated studio <\/span><b>Kinema Citrus<\/b><span style=\"font-weight: 400\">.<\/span><\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\"><span style=\"font-weight: 400\">KADOKAWA also owns the anime media outlet Anime News Network, which it <\/span><a href=\"https:\/\/anitrendz.net\/news\/2022\/11\/01\/kadokawa-acquires-anime-news-network\/\"><span style=\"font-weight: 400\">bought in 2022<\/span><\/a><span style=\"font-weight: 400\">.&nbsp;<\/span><\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\"><span style=\"font-weight: 400\">In April 2024, it opened the <\/span><a href=\"https:\/\/anitrendz.net\/news\/2023\/02\/24\/kadokawa-manga-and-anime-seiyuu-academies-to-open-in-2024\/\"><span style=\"font-weight: 400\">KADOKAWA Manga Academy<\/span><\/a><span style=\"font-weight: 400\"> and KADOKAWA Anime\/Seiyuu Academy in collaboration with Vantan.<\/span><\/span><\/p>\n\n\n\n<p><span style=\"font-size: 12pt\"><span style=\"font-weight: 400\">KADOKAWA isn\u2019t the first anime-related business in Sony&#8217;s arsenal. Sony acquired anime streaming platform Crunchyroll through the <\/span><b>Funimation Global Group<\/b><span style=\"font-weight: 400\"> a few years back, and owns entertainment company<\/span><b> Aniplex <\/b><span style=\"font-weight: 400\">through <\/span><b>Sony Music Entertainment<\/b><span style=\"font-weight: 400\">. The<\/span><span style=\"font-weight: 400\"> animation production studios<\/span><b> A-1 Pictures<\/b><span style=\"font-weight: 400\"> and <\/span><b>CloverWorks <\/b><span style=\"font-weight: 400\">are subsidiaries of Aniplex.<\/span><\/span><\/p>\n\n\n\n<p><em><span style=\"font-size: 12pt\"><strong>Update:<\/strong> Added more details regarding Sony&#8217;s share percentage.<\/span><\/em><\/p>\n<p><span style=\"font-size: 12pt\"><em><strong>Update 2:\u00a0<\/strong>Slightly tweaked phrasing of the last paragraph&#8217;s starting sentence.<\/em><\/span><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p><span style=\"font-size: 12pt\"><strong>Sources:<\/strong> <a href=\"https:\/\/www.sony.com\/en\/SonyInfo\/IR\/news\/20241219_E.pdf\" target=\"_blank\" rel=\"noopener\">Sony<\/a> [PDF] (via <a href=\"https:\/\/www.gematsu.com\/2024\/12\/sony-group-corporation-and-kadokawa-corporation-to-form-strategic-capital-and-business-alliance?fbclid=IwY2xjawHQx_lleHRuA2FlbQIxMQABHYtB5R881Ye1GyU0qWRtr_jlhXz75m4nt5yk7nnPrlPDi1165CA3EIRBsA_aem_i0hfIo5HwuvFSpuNPVC4sw\" target=\"_blank\" rel=\"noopener\">Gematsu<\/a>), <a href=\"https:\/\/ssl4.eir-parts.net\/doc\/9468\/ir_material7\/242676\/00.pdf\" target=\"_blank\" rel=\"noopener\">KADOKAWA<\/a> (PDF)<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sony has signed a Strategic Capital and Business Alliance Agreement with KADOKAWA, which it says is for the purpose of &#8220;acquiring 12,054,100 new KADOKAWA shares.&#8221; The ownership of these shares, which cost &#8220;approximately 50 billion yen&#8221; (~US$318.7 million), as well as the shares that were acquired back in February 2021 makes Sony KADOKAWA\u2019s largest shareholder. [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":18557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1053,10],"tags":[14,1543,180,122,1200],"class_list":["post-106093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-feature","category-anime","tag-anime","tag-kadokawa","tag-light-novel","tag-manga","tag-sony"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/anitrendz.net\/news\/wp-content\/uploads\/2021\/05\/kadokawalogo.jpg?fit=968%2C506&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p8n4QV-rBb","_links":{"self":[{"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/posts\/106093"}],"collection":[{"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/comments?post=106093"}],"version-history":[{"count":9,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/posts\/106093\/revisions"}],"predecessor-version":[{"id":146429,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/posts\/106093\/revisions\/146429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/media\/18557"}],"wp:attachment":[{"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/media?parent=106093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/categories?post=106093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anitrendz.net\/news\/wp-json\/wp\/v2\/tags?post=106093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}