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Kadokawa

Tencent increases Kadokawa stock holding
AppWizard
March 6, 2025

Tencent increases Kadokawa stock holding

Tencent has increased its stake in Kadokawa to 7.97 percent by acquiring an additional 1.11 percent of shares through its subsidiary, SixJoy Hong Kong Limited. Sony has also invested in Kadokawa, securing a 10 percent stake and becoming its largest shareholder. Kadokawa's CEO, Takeshi Natsuno, expressed optimism about the alliance with Sony, highlighting the potential to enhance IP creation capabilities and global expansion.
Sony will shortly own 10% of Kadokawa
AppWizard
December 19, 2024

Sony will shortly own 10% of Kadokawa

Sony will acquire a 10 percent stake in Kadokawa by purchasing 12,054,100 new shares at Y4,146 each for a total investment of Y49.98 billion (approximately 7 million) on January 7, 2025. This will increase Sony's ownership in Kadokawa from 2.01 percent to 9.68 percent, making it Kadokawa's largest shareholder, although still behind Korea Securities Depository - Samsung and The Master Trust Bank of Japan in terms of major shareholders. The partnership aims to enhance collaboration on adapting Kadokawa's intellectual property into live-action films, television shows, and anime projects.
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