Report: Tencent plans to exit investments in Japanese studios like Story of Seasons developer Marvelous

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GamesIndustry.biz · 1 min read · business

Tencent is evaluating exits from minority stakes in Japanese studios including Marvelous, developer of Rune Factory and Story of Seasons, as part of a global portfolio reassessment. The firm may sell stakes back to management even at a loss if synergies have lapsed.

Mentioned entities

Bloomberg Daemon X Machina FromSoftware Kadokawa Corporation Marvelous Ninjala PlatinumGames Rune Factory Soleil Story of Seasons Tencent Wake Up Interactive

Appeared in 2026-06-23.