Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up.

Sony may be poised to have another major weapon in its arsenal. Reuters (and now Nikkei) is reporting that Sony is in talks to acquire Kadokawa, the parent company of FromSoftware which is the developer of games like Elden Ring and Dark Souls.

FromSoftware owner Kadokawa has released a statement confirming it has received "an initial letter of intent to acquire the company's shares" from Sony. However, at this point no decision has been made.