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,

Kadokawa Corporation, Elden Ring developer FromSoftware's majority owner, has acknowledged takeover interest from Sony, but says no decision's been made.

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.