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.

Sony is allegedly planning to acquire Japanese media company Kadokawa. The company also owns FromSoftware studio, which developed the Elden Ring blockbuster,

Reuters is reporting that Sony is in talks to buy Kadokawa Corporation, the company that owns FromSoftware, Spike Chunsoft and many other Japanese businesses. If successful, it would be a big move for Sony,