Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up. Earlier this week, Reuters reported that Sony was in talks to buy Kadokawa,

FromSoftware’s parent company Kadokawa has released a statement, confirming the acquisition report.The statement as you can see above confirms that Sony Group has indeed expressed their desire to acquire the company,

Kadokawa has confirmed that it has received a letter of intent from Sony to acquire the company. Kadokawa owns a majority share in FromSoftware, as well as several anime production houses.