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

The Dwarves
Sunday, Dec. 11 • 10am PST/1pm EST

Shining Force
Every Tuesday • 11am PST/2pm EST

Final Fantasy V
Every Wednesday • 5pm PST/8pm EST

Valkyria Chronicles
Every Thursday • 5pm PST/8pm EST

Suikoden V
Every Friday • 5pm PST/8pm EST

Featured Content
Burly Men at Sea Review
Burly Men at Sea
Review
Xanadu Next Review
Xanadu Next
Review
Retro Encounter Bonus Round: December Exhibitions
Retro Encounter Bonus Round: December Exhibitions
Podcast
Darksiders: Warmastered Edition Review
Darksiders: Warmastered Edition
Review
Final Fantasy XV Review
Final Fantasy XV
Review
7TH Dragon III code:VFD Original Soundtrack & Songs Review
7TH Dragon III code:VFD Original Soundtrack & Songs
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter