For From Software's parent company, KADOKAWA Corporation, “Elden Ring: Shadow of the Eldestree” was a moonlight hit, leading the company's games division to significant growth despite the “extraordinary loss” caused by the June cyber attack.
Automatics.
As reported by Automaton, Kadokawa recently released its consolidated first quarter results. According to the report, the cyber attack severely disrupted the company's services and resulted in a massive data breach, costing Kadokawa approximately 2 billion yen (roughly $13.5 million) in losses. The report does not fully detail these losses, but states that they include “compensation costs to the creators of Nico Nico Douga” and “costs related to the investigation and recovery”
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As a result, Kadokawa Shoten's net income decreased by 10.1%. Nonetheless, sales increased significantly and recurring profit rose 84.6% YoY. This was due to Kadokawa's video game division's sales of 7.744 billion yen (about $52 million), up 80.2% from the previous year.
The report specifically highlighted “strong domestic sales” of “Elden Ring Shadow of Eldestree” and “increased repeat sales” of the base game as key factors in this growth, stating that both releases “strongly drove” Kadokawa's performance in the video game division. [...] [...] [...] [...] [...] [...] [...]
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