You remember Elden Ring, right? Pretty good game, pretty successful, won a few awards? Well, forget about all that: A Reuters report says a substantial number of shareholders in Kadokawa Corporation, the parent company of Elden Ring developer FromSoftware, want to give CEO Takeshi Natsuno the boot because, simply put, he's blowing it with Elden Ring.
Natsuno appeared to be in a strong position atop the company, earning the support of 90% of the company's shareholders at Kadokawa's 2025 annual general meeting. But Oasis Management, described in the report as "one of the most active activist investors in Japan," is now Kadokawa's largest single shareholder, with nearly 14% of the company, and it wants Natsuno gone.
