RPGFan


Liz Maas
Atlus' Parent Company, Index, Files For Civil Rehabilitation
What does this mean for Atlus?
06.27.13 - 2:28 PM

Earlier today the board of directors of Atlus' parent company, Index Corp., decided to begin 'civil rehabilitation' - that is, they've all but filed for bankruptcy. The company has about $24.5 billion yen ($250 million US) in debt, and was recently alleged to have conducted fraudulent business transactions, inflated sales reports, and made round-trip transactions - these are illegal in Japan.

Index, who purchased Atlus seven years ago, reported less overseas revenue than expected. What does it mean for the Shin Megami Tensei developer, who went from being a subsidiary for Index to an in-house brand? Nothing immediately, as the releases of Etrian Odyssey Untold, SMTIV overseas and Dragon's Crown are extremely unlikely to be affected. Under the supervision of Japanese courts, Index will continue to operate and re-organize, and is also seeking sponsors to transfer its game business operations to, so that their value doesn't diminish. As Atlus might be their most profitable asset, Index may especially be keen on protecting its value...


Back






Coming Up on Twitch

Chrono Cross
All Week • 5:00pm PDT/8:00pm EDT

Deus Ex: Mankind Divided
Aug 28 • 9:00am PDT/12:00pm EDT

Skies of Arcadia Continues!
Every Monday • 5:00pm PDT/8:00pm EDT

Star Wars: KotOR Continues!
Every Tuesday • 10:00am PDT/1:00pm EDT

Featured Content
Final Fantasy XI Priceless Remembrance Review
Final Fantasy XI Priceless Remembrance
Review
Pillars of Eternity: The White March Parts I and II
Pillars of Eternity: The White March Parts I and II
Review
Final Fantasy Brave Exvius OST Review
Final Fantasy Brave Exvius OST
Review
Rhythm Encounter Episode 27: Foliage Ocean in St. Louis
Rhythm Encounter Episode 27: Foliage Ocean in St. Louis
Podcast
Random Encounter Episode 115: The Compliment Sandwich
Random Encounter Episode 115: The Compliment Sandwich
Podcast
Retro Encounter Bonus Round: Essential Ten Part 1
Retro Encounter Bonus Round: Essential Ten Part 1
Podcast
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter