Quantcast
Atlus USA currently a-ok amid Index Corp financial mess - Destructoid

DestructoidJapanatorTomopopFlixist



Atlus USA currently a-ok amid Index Corp financial mess


9:45 PM on 06.27.2013
Atlus USAAtlus USA currently a-ok amid Index Corp financial mess photo



Earlier we reported that Atlus parent company Index Corporation entered "civil rehabilitation proceedings" -- which seems similar enough to American bankruptcy -- amid debt of 2.45 billion yen and a fraud investigation. There's no immediate cause for concern in terms of the proceedings impacting upcoming releases (Dragon's Crown, Shin Megami Tensei IV), but the future of the company, as well as its USA branch, is tenuous.

In a statement issued to Kotaku, Atlus USA head Naoto Hiraoka had this to say:

Currently, Index Digital Media, Inc. and the ATLUS brand are unaffected by the Index Corporation proceedings in Japan. We’re carrying on day-to-day activities, business as usual. Shin Megami Tensei IV and Dragon’s Crown are still releasing on July 16 and August 6 respectively, and we’re licensing and publishing third-party titles such as R.I.P.D: The Game and Daylight. We want to thank all of our fans for their outpouring of support.

As for the future, Index is looking for a viable financial partner in the restructuring. Also on the table is Atlus being bought outright before being impacted by the restructuring. Index's game division is perhaps its most valuable, so it would make sense to sell it off quickly while trying to right the company before that division's worth plummets because of the chaos. A purchase by Sony could make sense here, if it can afford it.

It would be nice for this to be resolved swiftly before peoples' livelihoods are severely impacted and my hopes for Persona 5 become a fevered dream. Obviously that last part is less important.

Atlus USA Says They're Currently 'Unaffected' By Financial Troubles [Kotaku]






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.






Atlus

6:30 PM on 04.08.2014
Persona 3 movie evokes English release this May

Persona 3 The Movie #1 Spring of Birth will manifest in English on May 20, Aniplex USA has revealed. In addition to a Blu-ray of the directors cut, a collectors edition featuring a soundtrack disc, art book, stickers, and ill...more



3:15 PM on 04.08.2014
Atlus gives birth to a Conception II unboxing video

I've had my face in my PlayStation Vita for weeks now, trying to wrap up my play-through of upcoming RPG Conception II for a review for next week. I was hoping to bring you a fat, juicy preview of this baby making dungeon cr...more



3:00 PM on 04.05.2014
Go on, take a peek at Persona Q's battle system

Persona Q: Shadow of the Labyrinth and it's autumn release are still a ways off, which means there's still plenty of time to do things like watch gameplay trailers. And as luck would have it, Atlus has shared some  tantalizing footage of the dungeon crawler's old-school battle system. Just a few more months...more



View all Atlus






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more