Sony Slips Behind as Oasis Takes Lead in Elden Ring Creators Kadokawa with 11.85% Stake

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Previously Sony Was Kadokawa's Biggest Shareholder!

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  • Oasis Management has now acquired around 11.85% stake in Kadokawa Corporation.
  • It has overtaken Sony as the company’s biggest shareholder, which it became in 2024.
  • It’ll be interesting to see if this causes any creative or management changes.

Kadokawa Corporation is one of the biggest entertainment companies in the industry and owns huge gaming names like FromSoftware. Almost 10% of its shares were owned by Sony; however, another company has now overtaken it. 

A new report reveals that Oasis Management Company has increased its stake in Kadokawa and now owns 11.85% shares of the company. Sony has now slipped behind with its 10.09% stake in the entertainment giants

Why it matters: Oasis is known as an international activist investor and is known to influence how companies are managed. This could mean it might get a more creative say in Kadokawa’s future projects. 

Oasis now owns 17,658,500 shares of Kadokawa (via GameBiz)

As reported by GameBiz, Oasis’s number of shares held increased from 14,893,100 to 17,658,500, and its ownership percentage rose from 10.00% to 11.85%. All these shares were acquired through market transactions. 

Sony formed its business alliance with Kadokawa back in 2024, when it became the company’s biggest shareholder. Now, nearly 2 years later, Oasis has taken over the spot from the Japanese gaming giants. 

FromSoftware Games
We’ll see if this change causes any changes in the company

Now that the deal is reportedly through, it’ll be seen if it does cause any creative or management changes in Kadokawa. But, for now its still in very early stages, so we can’t really say what the results will be. 

What are your thoughts on Sony slipping behind Oasis in terms of Kadokawa’s shares? Let us know your opinions in the comments or join the discussion at the official Tech4Gamers Forum.

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