Square Enix Announces Merger with Tokyo RPG Factory
Square Enix has officially announced an absorption-type merger with its subsidiary, Tokyo RPG Factory, known for titles like I Am Setsuna, Lost Sphear, and Oninaki. This strategic move will result in Square Enix inheriting all assets and liabilities of Tokyo RPG Factory, leading to the dissolution of the latter as a separate entity.
Established in 2014, Tokyo RPG Factory has been a notable part of the gaming landscape, especially for fans of role-playing games. The studio's work includes I Am Setsuna, released in 2016 for PlayStation 4, Switch, PS Vita, and PC, followed by Lost Sphear in 2017 and Oninaki in 2019, both available on PlayStation 4, Switch, and PC.
This merger signifies a consolidation of Square Enix's game development resources and could hint at a more focused approach toward RPG development in the future. The exact impacts of this merger on upcoming projects and the RPG gaming landscape remain to be seen.
Source: Gematsu