FromSoftware parent’s CEO survives hedge fund owners’ attempt to remove him, but there’s more pressure to come

After actively trying to oust him, activist fund Oasis Management failed to remove Kadokawa Corporation’s incumbent chief Takeshi Natsuno. The fund is the corporation’s biggest shareholder and believes Kadokawa is being mismanaged, chiefly regarding FromSoftware and its overseas publishing deals that apparently cost the company a lot of money.

That is according to Kotaku and follows up with what we wrote earlier this month regarding Oasis’ push to turn FromSoftware, and by extension Kadokawa, into a more profitable business. As per a notice released by Kadokawa, Natsuno remains the corporate chief executive and shall keep that position until at least 2027, when the next general shareholder meeting is set to take place.

Oasis criticizes the fact that FromSoftware isn’t making as much money as it did in 2022. You know, the year Elden Ring came out. Screenshot by Destructoid