Atlus will be sold within four months.

#1Hercik1Posted 7/4/2013 7:23:07 AM
Index (Atlus) officially begins Civil Rehabilitation Proceedings [4 month deadline]

The Tokyo district court has approved Index's application for Civil Rehabilitation Proceedings, and the plan lined up is that they will be searching for a sponsor for business transfer as previously expressed by the management. The court has given them 4 months to carry out the proceedings. The deadline is November 5th 2013.

In these 4 months they will be seeking applications from interested sponsors, vetting them, and eventually making a decision on who to transfer the business to. The investment firm GCA Savvian has been appointed as financial advisors for the sponsor search.

http://www.neogaf.com/forum/showthread.php?t=613226
#2jenraisPosted 7/4/2013 7:24:13 AM
Hercik1 posted...
Index (Atlus) officially begins Civil Rehabilitation Proceedings [4 month deadline]

The Tokyo district court has approved Index's application for Civil Rehabilitation Proceedings, and the plan lined up is that they will be searching for a sponsor for business transfer as previously expressed by the management. The court has given them 4 months to carry out the proceedings. The deadline is November 5th 2013.

In these 4 months they will be seeking applications from interested sponsors, vetting them, and eventually making a decision on who to transfer the business to. The investment firm GCA Savvian has been appointed as financial advisors for the sponsor search.

http://www.neogaf.com/forum/showthread.php?t=613226


This is on the PS4 forums but still the same. I want a third party
#3Cross_slash101Posted 7/4/2013 8:09:46 AM
I saw a topic saying atlus was fine a couple of days back so that's quite sad to see they are still being sold
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#4SamholyPosted 7/4/2013 8:14:42 AM
one of the finest jrpg creators... i hope they stay around.

just hire good guys and girls to make characters instead of creeps who like underaged girls and boys.
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#5RotuhiiriPosted 7/4/2013 8:33:20 AM
My biggest nightmare is that Sega buys them. They have a strong relationship with Atlus in Japan so it wouldn't surprise me entirely. When was the last time Sega localized a text-heavy Japanese game? Pretty sure it was not in the last year.
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#6KenauePosted 7/4/2013 8:34:51 AM
Rotuhiiri posted...
My biggest nightmare is that Sega buys them. They have a strong relationship with Atlus in Japan so it wouldn't surprise me entirely. When was the last time Sega localized a text-heavy Japanese game? Pretty sure it was not in the last year.


I don't think it was in the last five years.
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#7Hercik1(Topic Creator)Posted 7/4/2013 8:53:07 AM
I don't know if it means anything but here our the companies that gave Index loans and how much they gave them. Nintendo is on the list.

"Index civil rehabilitation application, the main creditor found

The main creditors based on allegations (4-1-1 Taishido, Setagaya, representative Ochiai Mr. Yoshimi) Ltd. index filed for Civil Rehabilitation Law to the Tokyo District Court on 27 June monkey was found.
The amount of loans to the following Major creditors animation, games and publishing related. Unit of amount of loans yen.

(Musashino) Co., Ltd. Production IG 44,100
Chiyoda ASCII MEDIA WORKS Inc. 31,521
(Chuo-ku, Osaka) Ltd Aqua plus 24,120
Corporation STUDIO MAUSU (Shinjuku) 17,314
Nintendo (Kyoto Minami-ku) 13,599
Minato 12,373 Pony Canyon Inc.
Chiyoda Co., Ltd. 11,395 Shueisha
Chiyoda Enterbrain 6,166
(Minato) Fuji Television Network, Inc. 5,525
(Minato) Co., Ltd. 5,040 Emuon Entertainment
Japan music copyright Shibuya 3,528 Rights Association
(Minato) 2,506 GREE, Inc.
(Ota) SEGA 2,454
Itabashi 2,412 Movic Co., Ltd.
(Minato) Co., Ltd. 1,890 Yomiko
Chiyoda Corporation Aniplex 1,862
shares Meguro company with 1,737
Katsushika Tomy Co., Ltd. 1,370
(Shibuya) Co., Ltd. tea O Entertainment 1,260
(Minato) TV Asahi 1,218
Shibuya Taito 1,113
Gakken Publishing Corporation (Shinagawa 1,071)
Tatsumi Publishing Co., Ltd. (Shinjuku) 1,050"

Here's the source: http://japanimate.com/Entry/3048
#8Lord_VishanaPosted 7/4/2013 8:53:59 AM
Samholy posted...
one of the finest jrpg creators... i hope they stay around.

just hire good guys and girls to make characters instead of creeps who like underaged girls and boys.


Is that some innocuous way to disparage the Etrian Odyssey series?
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#9HaRRy_TiPPeR_Posted 7/4/2013 9:04:13 AM
Wow are you serious.....obviously a 3rd party buyout would be the best, but I wouldn't mind a first party buyout. I just want them to stick around. (JUST PLEASE NO MICROSOFT, screw xbox one).
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#10Lord_VishanaPosted 7/4/2013 9:07:57 AM
HaRRy_TiPPeR_ posted...
Wow are you serious.....obviously a 3rd party buyout would be the best, but I wouldn't mind a first party buyout. I just want them to stick around. (JUST PLEASE NO MICROSOFT, screw xbox one).


We don't want EA or Capcom either.
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