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Sega Sammy in the Running to Buy Atlus' Parent Company

Sega Sammy is one of 20 companies that are interested in purchasing Index Corporation.

News by Mike Williams, .

According to a report by Bloomberg Japan (translated by DualShockers), Sega Sammy Holdings is one of 20 companies that has made a bid on Atlus parent company Index Corporation. It was reported that bids went as high as ¥20 billion yen ($202.2 million) in the auction held earlier this week.

The initial value of the company was estimated at ¥15 billion ($151.6 million), so Index is coming out ahead. The company has ¥24.5 billion yen ($248 million) in debt, which is what led Index to enter managed bankruptcy in late June. Index Corp. will choose candidates soon and determine the final buyer by the end of the month. Regardless of the outcome, Index Corporation chief executive officer and president Yoshimi Ogawa Ochiai and Board chairman Masami Ochiai have already said that they would both resign.

What does this mean for Atlus? Currently nothing. Until we find out who has become Index's new owner, any speculation about Atlus's fate is throwing darts while blindfolded.

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Comments 5

  • Avatar for davidbabb52 #1 davidbabb52 3 years ago
    Whoever ends up with Atlus just needs to inject them with the funds they need and let them pump our more Megaten titles for my Nintendo systems! Actually, seeing how they've done on the 3DS, Nintendo should look at obtaining them. They could use some more Wii U support to show other developers that it is a valid system.
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  • Avatar for jeremy.parish #2 jeremy.parish 3 years ago
    @davidbabb52 I disagree. I think it would be terrible for a large company to acquire Atlus -- Atlus' fundamental business model revolves around running a small operation with conservative goals. Bigger companies almost certainly wouldn't regard Atlus' current profit margins worthwhile, which means they'd try to impose fundamental changes to the business to inflate number -- changes that would almost certainly turn out for the worse.
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  • Avatar for Silveresque-Bullet #3 Silveresque-Bullet 3 years ago
    Yeah I'd have to agree with Jeremy. Atlus have done very well over the years just catering to their audience of small but dedicated gamers.

    The bigger boots of Sega coming in could go either way. While Sega are doing well as a publisher, they have failed in pushing their own IP beyond Sonic. A potential plus for Atlus though, could be possibilities for new IP. Their presence is still very handheld based and I'm sure we sometimes wonder, what they'd be able to do with more money and talent.
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  • Avatar for Terpiscorei #4 Terpiscorei 3 years ago
    I agree, there's a pretty substantial risk of things turning out poorly for western fans of Atlus, for exactly the reasons Jeremy describes.

    However, I'm not sure an acquisition by Nintendo would be all that bad. Nintendo stepped up to localize Bravely Default for NA, after all; this would seem to indicate that Nintendo itself is comfortable with the smaller profits Atlus games probably make in the west.

    I think Sega would be a particularly bad case. They blew it on bringing 7th Dragon over and continue to drag their feet on PSO2. On the other hand, they've been publishing the (from what I understand) text-heavy Yakuza series -- but those games are decidedly not turn-based RPGs.

    I hope Atlus can make it through this upheaval intact.
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  • Avatar for davidbabb52 #5 davidbabb52 3 years ago
    @jeremy.parish That is definitely a valid point. My fear would be for Atlus to dissolve completely on its own or even within a larger corporation. Is there a chance at Atlus surviving without being acquired by a larger company?
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