Sony Group Corporation is in talks to acquire fellow Japanese conglomerate Kadokawa, according to media reports that emerged this week. The firm’s animation and games properties may underlie the possible M&A activity. Kadokawa is a 79-year-old company that spans film, games, publishing and animation and is listed on the main Tokyo Stock Exchange. Its shares […]

Sony Group Corporation reported little changed revenues of JPY2.91 trillion ($19 billion) for the July to September period, representing the second quarter of its April to March financial year. But group-level net income surged by 75% to JPY3.39 trillion ($2.21 billion). The ‘Pictures Division,’ which spans the feature film, TV channels and TV content production […]