Elden Ring could face further delays, warns parent company FromSoftware Kadokawa Corp in latest release Gain ratio.
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Kadokawa Corp. Latest results for fiscal year 2021 Give some clues as to what’s on the horizon. Kadokawa is owned by Japanese game developer FromSoftware and the team behind the highly anticipated Dark Souls, Sekiro, and Elden Ring. at Presentation to investorsThe group notes that Elden Ring may not be released by March 2022 as part of the 2022 fiscal period. This is not much of a surprise, however, given the silence surrounding the title.
Kadokawa’s gaming business profits are expected to decline by 15% in fiscal 2022, and operating profit may decline by 52%. This clearly demonstrates the lack of a solid release from one of the industry’s most iconic studios. It is also worth noting Games are not Kadokawa’s business; Gaming volume reached 14 billion yen in fiscal year 2021, or 7% of annual profit.
Elsewhere on the show, Kadokawa also said games in development could be delayed due to uncertainties over COVID-19. Work-from-home procedures have seriously hampered the development of almost every game in development around the world, and the same is true of game studios in Japan.
Kadokawa Corp. currently has three game divisions: Kadokawa Games Ltd. FromSoftware and Spike Chunsoft.
A specific slide for Elden Ring on page 19 confirms Kadokawa’s commitment to new IP games. The slide talks about the contributions of George RR Martin and confirms that Elden Ring is the greatest game FromSoftware has ever made.
FromSoftware and publisher Bandai Namco have been silent on Elden Ring for a while now, but that could change in June with E3 2021. Bandai Namco will be in the action and we may have a new reel… release time Game.