bullish
Akatsuki Inc (TYO 3932): A $188M Net Net Japanese Game Developer
SUMMARY
- Akatsuki Inc (TYO 3932) is a net-net Japanese video game developer with 10 years of profitability.
- They’re undergoing a big transformation in an effort to better compete globally by investing enormous amounts into their core development capabilities and increasing their average budget per game 3-6x.
- They recently formed a capital alliance with Sony (6758) and Koei Tecmo (TYO 3635) with each taking a 10% and 8% stake respectively.
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