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Atlus parent company will auction off operations

Atlus' parent company Index will begin auctioning off its operations next week after filing for bankruptcy--or civil rehabilitation, in this case. Bloomberg Japan (via Game Informer) reports that Index is seeking 15 billion yen in revenue from the sale.

What this means for Atlus, the developer and publisher behind games like Shin Megami Tensei IV and Persona 4: Golden, will depend on who, if anyone, seeks to acquire it. Atlus was founded in 1986 and became a brand of Index Corporation in 2010.

Index's stock tanked when the Japanese government began investigating it for fraud. It will be de-listed from JASDAQ before the auctions begin.

The process could conclude as early as September. Atlus wrote on its Japanese website that development and sales of its products will continue uninterrupted throughout the procedures.

Topics

Atlus bankruptcy

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7 comments

  • PatHan-bHai - July 20, 2013 8:37 a.m.

    I still have to play any of the Persona's or the SMT's or any Atlus game for that matter. :S
  • Tyrande - July 26, 2013 8:53 p.m.

    well if you don't mind watching anime styled characters, then play some of their games. you're missing out!
  • Tyrande - July 20, 2013 12:58 a.m.

    NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! NOT ATLUS.....
  • Talvari - July 19, 2013 11:39 a.m.

    Nintendo or Sony would be my hope. Just not EA or Activision. Would love to see the SMT series come to Wii U or PS4. The 3DS SMT seems cool but i want a console iteration dammit. #saveatlus2013 #hashtagsarecool
  • shawksta - July 19, 2013 11:51 a.m.

    Yeah pretty much, we need even odds, because frankly itll piss off each fan if the series when it turns out on the opposites company.
  • shawksta - July 19, 2013 11:18 a.m.

    Yeah, it sucked major balls a few weeks ago that they filing bankruptcy, Atlus made some great games and its a shame that its going this route. I just hope to god EA doesnt touch them. At the same time it makes fears for who will touch them, both Sony and Nintendo fans dont watch Persona and SMT to suddenly be on the other side. On this case im just hoping Sony buys the persona team and considering Nintendo seems to be bent on the Fire Emblem Cross-over, they'll probably buy SMT. Who knows anything can happen. I just want my Trauma Team sequel on Wii U already.
  • zelta38 - July 19, 2013 11:14 a.m.

    "Japanese government began investing it for fraud" uh, that's investigating you meant there right? If the Japanese government were investing in it for fraud that would be quite alarming.

Showing 1-7 of 7 comments

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