RPGFan


Kid Files for Bankruptcy
12.01.06 - 4:10 PM

According to the online presence of Japanese daily Mainichi Shimbun, Kid has stopped all operations yesterday and filed for bankruptcy at the Tokyo district court today. Founded in 1988, Kid has been one of Japan's leading developers and publishers of console-based love adventures, including popular series such as Memories Off and Infinity. The Mainichi Shimbun reports that the Tokyo-based company defaulted on a debt of 530 million yen ($4.56 million USD). While the company has released PlayStation 2-based love adventures on a monthly basis throughout 2006, its titles experienced declining sales apparently due to the continued success of the DS in Japan.

Kid released a PlayStation 2 version of White Breath, F&C's critically acclaimed 2004 love adventure, on November 22nd in Japan. For 2007, the company had announced the releases of Memories Off 5 Encore and 12Riven. RPGFan will keep you posted on all developments regarding the future of Kid and its IPs.


Back
Chris Winkler





Coming Up on Twitch

TBD
Sunday, September 24 • 10am PDT/1pm EDT

Final Fantasy XII: The Zodiac Age
Mondays • 6pm PDT/9pm EDT

Vandal Hearts
Tuesdays • 12pm PDT/3pm EDT

Danganronpa 2
Tuesday-Thursdays • 5pm PDT/8pm EDT

Featured Content
Retro Encounter 101
Retro Encounter 101
Podcast
Random Encounter 133
Random Encounter 133
Podcast
XCOM 2 War of the Chosen Review
XCOM 2 War of the Chosen
Review
Danganronpa V3: Killing Harmony Review
Danganronpa V3: Killing Harmony
Review
Muv-Luv Alternative Review
Muv-Luv Alternative
Review
NieR Music Concert & Talk Live Blu-ray Review
NieR Music Concert & Talk Live Blu-ray
Review
NieR Music Concert & Talk Live Soundtrack Review
NieR Music Concert & Talk Live Soundtrack
Review