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Index in serious trouble, Atlus potentially for sale

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Index Corp files for 'civil rehabilitation proceedings'

Atlus parent company Index Corporation is in trouble. In debt and under investigation for fraud, the holdings company is entering "civil rehabilitation proceedings" in hopes of saving its own skin before its legal and financial woes spiral out of control.

Index is cognizant that its games division is the most desirable and profitable aspect of its business. The firm is looking to partner with another group or potentially sell Atlus before the Persona studio and popular localization house are impacted by the maelstrom.

民事再生手続開始の申立てに関するお知らせ [Index via Japanator, Kotaku]


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Kyle MacGregor Burleson
Kyle MacGregor BurlesonWeekend Editor   gamer profile

used to work Now I just hang around and make a more + disclosures


 



Filed under... #Atlus #Industry Bull #Money

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