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





Twitch Schedule & Status

TBA
Sunday, January 28 • 10am PST/1pm EST

Ōkami HD
Mondays • 6pm PST/9pm EST

Alundra
Tuesdays • 12pm PST/3pm EST

Kingdom Hearts Final Mix
Thursdays and Fridays • 3pm PST/6pm EST

Persona 5
Tues-Wed-Thu • 7pm PST/10pm EST
Saturdays • 5pm PST/8pm EST

Featured Content
Fabula Nova Anniversaris: Celebrating Thirty Years of Final Fantasy
Fabula Nova Anniversaris: Celebrating Thirty Years of Final Fantasy
Special Feature
Guardians of the Galaxy Episode 5 Review
Dissidia Final Fantasy NT
Preview
Retro Encounter 118
Retro Encounter 118
Podcast
Cyberdimension Neptunia: 4 Goddesses Online Review
Cyberdimension Neptunia: 4 Goddesses Online
Review
The Lost Angelic Chronicles of Frane: Dragons' Odyssey Piano Arrangements Review
The Lost Angelic Chronicles of Frane: Dragons' Odyssey Piano Arrangements
Review
Guardians of the Galaxy Episode 5 Review
Guardians of the Galaxy Episode 5
Review