FromSoftware parent company Kadokawa Corporation has reportedly been pushing Sony Group towards a purchase, according to a new report. We first saw speculations last week that Kadokawa set the stage for a Sony acquisition to fend off a hostile takeover from foreign companies,

Sony may acquire Kadokawa, giving them full control of the anime production system. If the deal goes through, Kadokawa's goal is to produce 40 anime titles per year by 2023.

But for Kadokawa themselves, they have shared a statement confirming that the potential deal between them and Sony has yet to be confirmed. Noting that they “received an initial letter of intent to acquire the Company’s shares,

Sony Group Corporation is in talks to acquire fellow Japanese conglomerate Kadokawa, according to media reports that emerged this week. The firm's animation and games properties may underlie the possible M&A activity.

How the entertainment company’s potential acquisition of Kadokawa, the home of “Elden Ring,” could upend anime and gaming.