#tencent-kadokawa
Tencent Increases Stake in Kadokawa, Strengthening Its Influence in Gaming Industry
Tencent Holdings has expanded its stake in Kadokawa, the parent company of FromSoftware, acquiring an additional 1.11 percent of shares. This move increases Tencent’s ownership in the Japanese publishing giant from 6.86 percent to 7.97 percent. The transaction was made through Tencent’s subsidiary, SixJoy Hong Kong Limited, and was disclosed in a large shareholding report submitted to the Kanto Finance Bureau. Tencent initially invested JPY 30 billion (appr
Tencent Increases Stake in Kadokawa, Strengthening Its Influence in Gaming Industry
Tencent Holdings has expanded its stake in Kadokawa, the parent company of FromSoftware, acquiring an additional 1.11 percent of shares. This move increases Tencent’s ownership in the Japanese publishing giant from 6.86 percent to 7.97 percent. The transaction was made through Tencent’s subsidiary, SixJoy Hong Kong Limited, and was disclosed in a large shareholding report submitted to the Kanto Finance Bureau. Tencent initially invested JPY 30 billion (appr









