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Atlus CEO issues statement explaining Sega acquisition, read it here

Friday, 20th September 2013 09:36 GMT By Dave Cook

Atlus CEO Naoto Hiraoka has issued a statement following Sega’s acquisition of the company, along with its stable of IP, including the hugely popular Persona series. Read it here.

The company’s ¥14 billion acquisition was announced this week and the deal is said to be finalised on November 1. You can read up on all the details here.

Hiraoka’s letter goes as follows:

Dear fans and customers,

I would like to take this opportunity to express my gratitude for your support of Atlus products.

As announced Tuesday through various news channels, we are going to continue with our business operations as part of Sega Sammy Holdings effective November 1, 2013.

As you may already know, Index Corporation filed for Civil Rehabilitation Proceedings in Japan on June 27 and since then, has been searching for a solution which would allow us to continue our business of making great games.

Atlus has consistently received support and praise from our faithful and our respected customers, and made great progress in recent years. So the recent incident must have surprised and worried all of you dearly. For that, I would like to express my deepest apologies.

We have nurtured a great relationship with Sega Inc. for a long time, especially concerning our consumer games business in Japan. I believe the collaboration between the two companies at this time will be mutually beneficial for the following reasons:

Sega understands our drive to achieve quality and to expand awareness of the Atlus brand.
Our respective strengths in game development complement each other well.

We are extremely happy to be able to continue with our business, and be able to report this good news to our fans and customers. Again, we would like to express our gratitude to everyone who has supported us.

Currently, we at the Consumer Software Division in Japan are focusing on developing future titles, and are willing to take on new challenges to further achieve growth and success.

Please stay tuned for future updates.

Naoto Hiraoka

President and CEO

Breaking news

3 Comments

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  1. salarta

    Just saw this on my Twitter feed.

    And fuck. Looks like this is the end for all of Atlus’ IPs. Sega has no idea what the fuck they’re doing at any point. They’ve already demonstrated this in spades when they were on the right track with Valkyria Chronicles, Bayonetta, Vanquish and Hyperdimension Neptunia, only to suddenly want nothing to do with those titles and go into browser and mobile content.

    I guess all that can be said is R.I.P, Atlus. R.I.P.

    #1 10 months ago
  2. AngryConsumer

    RIP Atlus….

    #2 10 months ago
  3. Froseidon

    Unless Sega leave Atlus to their own thing, I have no faith in this acquisition =/

    #3 10 months ago