Kadokawa shares jump 16% after news of Sony talks By Reuters

By Sam Nussey TOKYO (Reuters) – Kadokawa’s shares jumped 16% in early Tokyo trading on Wednesday, a day after Reuters reported Sony (NYSE:) was in talks to acquire the publishing, anime and gaming powerhouse. Shares in Kadokawa, which controls “Elden Ring” developer FromSoftware, closed up 23% at their daily limit on Tuesday after the news. The deal would bolster Sony’s entertainment portfolio which spans games, movies, music and anime. “Anime

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Sony operating profit jumps 42% in H1 By Reuters

TOKYO (Reuters) – Sony (NYSE:)’s operating profit soared 42.3% in the first half of the financial year ending March, the company reported on Friday. Profit for the April-September period was 734.18 billion yen ($4.80 billion). ($1 = 152.8700 yen) Source link

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