Clarification on GameArts...

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GhaleonOne
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Clarification on GameArts...

Post by GhaleonOne »

Just as clarification regarding the GameArts story, <a href="http://www.rpgfan.com/news/2005/1970.html" target="new">RPGFan</a> translated the information on Gungho's website that have produced new details on the story. It's been confirmed that Gungho is planning to up their stake in GameArts, hoping to make it a consolidated subsidary. Gungho already has approval from Youichi Miyaji, who is GameArts president and founder. The following are shareholders stakes in the company currently:
<br />
<br />Youichi Miyaji: 35.20%
<br />GungHo: 11.93%
<br />Connect Technology: 11.93%
<br />Square Enix 11.46%
<br />Kadokawa Shuppan 5.73%
<br />O.S. Capital 4.53%
<br />
<br />Other individual investors have a collective 19.22% stake in the company. Gungho will be negotiating with the other shareholders to obtain a majority stake in GameArts.
<br />
<br />We'll update you with any more information regarding GameArts as information becomes available.
<br />
<br />Source: <a href="http://www.rpgfan.com">RPGFan</a>
-G1

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