Hubbry Logo
search
logo
400718

Kadokawa Corporation

logo
Community Hub0 Subscribers
Write something...
Be the first to start a discussion here.
Be the first to start a discussion here.
See all
Kadokawa Corporation

Kadokawa Corporation (Japanese: 株式会社KADOKAWA, Hepburn: Kabushiki-gaisha Kadokawa), formerly Kadokawa Dwango Corporation, is a Japanese conglomerate based in Fujimi, Chiyoda, Tokyo.

Created as a result of the merger of the original Kadokawa Corporation and Dwango Co., Ltd. on October 1, 2014, the company has holdings in entertainment (including anime and video game studios), publishing, and real estate among other assets.

Kadokawa is a member of the Motion Picture Association of Japan (MPPAJ) and is therefore one of the youngest of Japan's Big Four film studios.

The holding company known today as Kadokawa Corporation was originally founded in 1945 as Kadokawa Shoten, to "revitalize Japanese culture through publishing" in the postwar era. It was merged with Dwango Co., Ltd. to form Kadokawa Dwango on October 1, 2014, and became a subsidiary of Kadokawa Dwango.

In February 2019, Kadokawa Dwango announced that Dwango would stop being their subsidiary to be a direct subsidiary of Kadokawa Corporation in a reorganization of the company. This made Kadokawa Corporation the sole subsidiary of the holding company Kadokawa Dwango.

On July 1, 2019, Kadokawa Dwango was reorganized again; only the publishing business remained in Kadokawa Corporation, and it was renamed Kadokawa Future Publishing, while Kadokawa Dwango itself became the second iteration of Kadokawa Corporation and the holding company of all of the Kadokawa Group companies. The original name Kadokawa Shoten remains as a brand and a division of Kadokawa Future Publishing.

On February 4, 2021, Kadokawa announced that the company had formed a Capital Alliance with Sony and CyberAgent to strengthen the company's creation, development, and acquisition of new IP while also maximizing use of existing IPs. As part of the agreement, both Sony and CyberAgent would receive a 1.93% stake in the company.

By August 2021, Kakao Japan had acquired an 8.3% stake in Kadokawa, making them the largest shareholder at the time. On October 29, 2021, Kadokawa announced that it had formed a capital and business alliance with Tencent, which acquired a 6.86% stake in the conglomerate for ¥30 billion ($264 million). The aim of the alliance is for Kadokawa to expand its global reach using Tencent's platforms. China, where the company has an existing joint venture with Tencent, is a particular target.

See all
User Avatar
No comments yet.