Despite investors moaning that Elden Ring's success hasn't been milked hard enough financially, FromSoftware parent company's CEO has kept his job
Kadokawa CEO Takeshi Natsuno has retained his position following an annual shareholder meeting, despite efforts by activist investor group Oasis Management to oust him. Oasis Management, Kadokawa's largest shareholder, argued that the company failed to maximize profits from Elden Ring's success, citing the decision to publish through Bandai Namco instead of self-publishing. While Natsuno's shareholder support decreased, he remains in his role, though Kadokawa has pledged to review its management structure.
Rock Paper Shotgun
- Entities
- Kadokawa
- Elden Ring
- FromSoftware
- Shareholder Activism
- Corporate Governance
- Oasis Management Company
- Bandai Namco Entertainment
- Takeshi Natsuno
Original source
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