Submitted by Abriael 827d ago | news

ATLUS’ Mother Company Owes a Lot of Money to a Lot of People, Including Kadokawa and Nintendo

We already knew that ATLUS’s mother company Index Corporation filed for Civil Rehabilitation (the Japanese equivalent of a soft Bankruptcy) a few days ago, and today we finally know who the main creditors are (Atlus, Kadokawa games, Nintendo, PC, PS Vita, PS3, Wii U, Xbox 360)

Alexious  +   827d ago
This game is....interesting...
herbs  +   826d ago
If Dragons Crown came to Wii U
I would be so Happy
False-Patriot  +   826d ago
Why? This game is coming to PS3 and Vita. You don't like it?
#1.1.1 (Edited 826d ago ) | Agree(2) | Disagree(7) | Report
Blacklash93  +   826d ago
He can't wish for it to be ported to a particular system? Is that a crime against this stupid brand loyalty people are obsessed with?

It's not like he's wishing PS3 and Vita owners can't get it.
#1.1.2 (Edited 826d ago ) | Agree(6) | Disagree(4) | Report
3-4-5  +   826d ago
Nintendo could just take like 50% stock in exchange for no debt and then Atlus games would be over in US on Wii U and 3DS more.
#1.2 (Edited 826d ago ) | Agree(0) | Disagree(1) | Report | Reply
PFFT  +   827d ago
looks like it will be a fun game.
Abriael  +   827d ago
Yeah but that's not exactly what this article is about... oh well.
Need4Game  +   827d ago
Nintendo & Atlus, WIIU may as well live for decades.
Kratoscar2008  +   827d ago
SMTxFE at least means that Nintendo will have to do something about it, i say buy it. Their console still get the most ATLUS games anyways.
jc48573  +   827d ago
man, Kadokawa may as well absorb Atlus.
OrangePowerz  +   827d ago
Sony or Nintendo should buy Atlus or anybody else as long as it's not MS.
Kenshin_BATT0USAI  +   827d ago
I personally hope no one buys them and they become independent.
OrangePowerz  +   827d ago
If they have the finances for that yes, but I'm not sure they have.
DarkBlood  +   827d ago
remeber they can not be bought out by a
non-japanese so theres nothing to worry about with microsoft lol

im fine with either sony or nintendo or maybe a joint ownership might be easier
Canary  +   826d ago
That's not going to happen.

As I understand it, this "mother company" stuff is a mistranslation--in Japan, Atlus is just the brand-name. The actual company name is Index. So when you hear Index is in trouble, and probably culpable, what that means is that ATLUS, itself, is in trouble.

So, really, there are two possible outcomes: they're bought out by a major publisher, or they dissolve into the ether and their franchises crumble to dust.
_QQ_  +   827d ago
Nintendo just buy Atlus already, and Platinum while you are at it.
Dark_Overlord  +   826d ago
I would rather Nintendo didn't, I think they'd restrict some of the themes Atlus employ in their games (Remember this is the same company that refused the Binding Of Isaac due to it's theme)
#6.1 (Edited 826d ago ) | Agree(1) | Disagree(1) | Report | Reply
_QQ_  +   826d ago
Well Atlus makes plenty of their games on the 3ds,if Nintendo is okay with bayo2 i'm sure whatever reason they had for restricting the game you are talking about is gone.
#6.1.1 (Edited 826d ago ) | Agree(1) | Disagree(2) | Report
Dark_Overlord  +   826d ago
I was hinting mainly at Persona, have you played them? And oddly enough they've never been on a Nintendo console (coincidence much?).

As for the bayo 2 reference it makes no sense, I don't remember Bayo shooting herself in the head once ;)
#6.1.2 (Edited 826d ago ) | Agree(1) | Disagree(1) | Report
Jyndal  +   827d ago
Uh...I don't care who buys Atlus...I just want to know more about the game with the hot witch pictured above :P
lizard81288  +   826d ago
I forgot what it is called, but the Jimquisition did an episode about the game with a thumb nail of her. He says what the game is.
Dark_Overlord  +   826d ago
Dragon's Crown :)
RockmanII7  +   826d ago

seriously this comment is not spam. I don't know why N4G doesn't believe me.
Apollosupreme  +   827d ago
For the love of God, no, don't not buy Atlas, Nintendo. We don't to have to buy your lame duck Wii U.
MartinB105  +   826d ago
I own a Wii U, and I must say that... I still agree with you. :)
Saints94  +   826d ago
Normally I don't really care.... but the Persona Series needs to be on Sony's consoles.
Pittoo  +   826d ago
Atlus? This game will never see the light of day in Europe then.
TongkatAli  +   826d ago
Dragons Crown is coming out for Europe this year.
tarbis  +   826d ago
Dark_Overlord  +   826d ago
Have you not seen the constant bombarding of Shuhei Yoshida in relation to this XD
tarbis  +   826d ago
Really? Show me pls. Imma check Yoshida's twitter now. XD
Dark_Overlord  +   826d ago
I tried remembering where I'd seen it and can't :( (I'd also cleared my history a day or so ago), but it was a thread where people were posting the emails, tweets etc they'd sent :)
BosSSyndrome  +   826d ago
If anyone buys em its gonna have to be nintendo. how else will they finish smt x Fe?
YoungPlex  +   826d ago
It's interesting to see that Nintendo is close to the top of the list. I always felt that Nintendo didn't have nearly enough Atlus games compared to Sony platforms. Another interesting point that the author made was that Nintendo could possibly bid on Atlus to offset their debt, but realistically Nintendo would have to pay-off all the debt in order to acquire Atlus as a whole. I think it would be a genius move but not a realistic one.
tiffac008  +   826d ago
Index is currently reorganizing that is why they applied for the Civil Rehabilitation Proceedings. This is not a form of liquidation and absorption proceedings that we saw with THQ and Eidos.

So until further notice Atlus (which is profitable) should continue on making and publishing games.

Add comment

You need to be registered to add comments. Register here or login
New stories

Cyberpunk Themed Invisible Apartment 2 Hacks Our Hearts - Cliqist

9m ago - Serena Nelson writes: "While I originally backed Invisible Apartment 2 for the Cyberpunk themes,... | PC

Diablo Gets Cards in FORCED: Eternal Arenas

10m ago - Gary Stott writes: "FORCED: Eternal Arenas fuses a variety of genres, but is essentially Diablo w... | PC

MoreConsole takes on Destiny: The Taken King

Now - MoreConsole's rag-tag band of guardians finally make it to the Oryx's ship...but can they make it out alive? | Promoted post

Introducing Black Ops Fridays — Weekly Call of Duty: Black Ops 3 Live Streams Throughout October

1h ago - By Scott Lowe on October 08, 2015 // Communications Manager, Activision: The November 6 launch... | PC

Super Meat Boy Review | PS Vita Reviews

1h ago - PS Vita Reviews just finished playing the newest version of Super Meat Boy. Here are their thoug... | PS Vita

Quick Tips – Star Wars Battlefront Beta Final Star Card Unlock, the Sharpshooter Trait

1h ago - In PlayStation LifeStyle's latest Quick Tips video they’ve gone ahead and unlocked the most expen... | PC