A rather rare case of cooperation between Chinese and Japanese IT companies. Chinese holding Tencent and Sony Interactive Entertainment Corporation together bought 30% of the Japanese studio FromSoftware, developer of such games as Dark Souls, Bloodborne, Sekiro and Elden Ring.
Tencent acquired a 16.25% stake in FromSoftware; Sony Interactive Entertainments – 14.09%. The remaining shares have been controlled by the Japanese media holding Kadokawa Corporation since 2014.
As we wrote before, Chinese game companies increasingly actively enter the foreign market, absorbing Western and now Japanese studios. And Tencent is the most active of them.
The Chinese corporation owns 100% of the Norwegian Funcom (Age of Conan, The Longest Journey); 100% American Riot Games (League of Legends, Valorant); 100% British Sumo Group (LittleBigPlanet 3, Sackboy: A Big Adventure); 100% American Turtle Rock Studios (Left 4 Dead, Back 4 Blood); 100% Russian “1C”/ Fulqrum Games; 84% of Finnish Supercell (Clash of Clans, Brawl Stars); 40% of Epic Games and, in general, the shares of more than 30 large Western companies.
At the same time, Tencent Holdings ranks 4th in the list of the largest Internet companies, behind only Alphabet, Amazon and Meta, and 4th in the list of the largest game companies in the world. Here, only Sony, Microsoft and Nintendo are ahead of the Chinese holding company.