A high-definition, realistic image of a stock market scene showing a massive drop in numbers and percentage. The chart displays sharp declines symbolizing a serious financial setback. In the background, there is a question text 'What went wrong?' implying a significant business event. The image does not reference any specific company.

Massive Stock Drop! What Went Wrong for Kadokawa?

Market Reaction to Sony Investment On Friday, Kadokawa shares plunged to their daily limit in Tokyo after the much-anticipated acquisition by Sony Group did not materialize. Instead, Sony announced a capital tie-up, leading to investor disappointment and massive sell-offs. This partnership involves Sony investing approximately 50 billion yen (around $317 million) in Kadokawa, securing about […]

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