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,

In a pretty astonishing piece of news, it seems that Sony is in talks to buy Kadokawa. According to Reuters, Sony is thinking of buying Kadokawa, which would have massive ramifications for both games and anime.

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.

Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire the developer of the acclaimed "Elden Ring" fantasy game sent its stock soaring.

Sony might acquire full ownership over Kadokawa in the next weeks and the anime community is not happy about it at all.

Kadokawa has stated it has received Sony’s letter of interest, but has made no decision regarding the acquisition of the company.

FromSoftware parent company Kadokawa Corporation has officially confirmed reports of an acquisition offer from Sony Group. Reuters broke the news of a potential deal yesterday, following which both Kadokawa’s and Sony’s stocks went up.

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,

A key player in the anime and manga industries with a FromSoftware cherry on top