‘Persona’ publisher Atlus in danger as parent company nears bankruptcy

Dragons Crown

Index,  the parent company of noted Japanese role-playing game publisher Atlus, is careening toward bankruptcy and due for restructuring under Japan’s Civil Rehabilitation Law, a press release confirms (via NeoGAF). The announcement is written in Japanese, but a GAF poster’s summation points out that “the game division is clearly the most desirable and functional part of Index’s business, and that’s one area they plan on expanding on specifically.” The next step for Index involves finding “a sponsor as soon as possible to conduct a business transfer before the situation further damages the value of this core business.”

Another poster in the same GAF thread offers an explanation of Japan’s Civil Rehabilitation Law, designed to help struggling debtors work toward recovery. Index will continue to conduct business, with the aforementioned sponsor(s) coming in to assist the existing management. It is possible that the company will fold at some point, and that its assets will be liquidated, but that point has not yet been reached.

To put it more simply: Atlus may eventually be sold off, but that isn’t happening yet, or even soon.

There is a possible hitch, however. As Crunchyroll pointed out earlier in June, Index is the subject of an investigation by the Japanese Securities and Exchange Surveillance Commission. The regulatory body suspects the company of having engaged in fraudulent business practices aimed at giving industry partners the impression that all is well and stable. This allegedly includes the inflating of mobile and video game sales numbers.

Atlus is best known in the United States for its many JRPGs, including the Persona and Shin Megami Tensei series’. The publisher also put out From Software’s notoriously challenging action-RPG, Demon’s Souls, though Namco Bandai stepped in to publish the follow-up, Dark Souls (and its upcoming sequel). Dragon’s Crown is the next big release for Atlus, a 2D action-RPG that heads to PlayStation 3 and PlayStation Vita on July 25 and August 6, for Japan and U.S. audiences, respectively.


Once the dust settles, 'Fallout 76' will be a nuclear wasteland worth exploring

The launch of Fallout 76 has been nothing short of apocalyptic, but that doesn’t mean the game is dead on arrival. Bethesda has a path forward, paved by The Elder Scrolls Online, another game that suffered a rocky start.
Home Theater

The best movies on Netflix in December, from 'Buster Scruggs’ to endangered cats

Save yourself from hours wasted scrolling through Netflix's massive library by checking out our picks for the streamer's best movies available right now, whether you're into explosive action, witty humor, or anything else.

This list of PlayStation 4 exclusives puts its competitors to shame

The PlayStation 4's game library and incredible selection of exclusive games could make anyone with an Xbox One or Nintendo Switch think twice. Here's our list of the latest and greatest PS4 exclusives.

Joker from ‘Persona 5’ will take your heart in ‘Super Smash Bros. Ultimate’

Joker, the leader of the Phantom Thieves of Hearts from Persona 5, will arrive to Super Smash Bros. as its first DLC character. The announcement was a surprising one, because Persona 5 is a PlayStation 4 exclusive.

‘Magic: The Gathering’ enters esports relevance with $10 million prize pool

Wizards of the Coast is pushing Magic: The Gathering into esports relevance with a prize pool of $10 million across the tabletop version and Magic: The Gathering Arena. Will the game be able to compete with Hearthstone and Overwatch?

The best Nintendo Switch deals and bundles for December 2018

Looking to score Nintendo's latest hybrid console? We've smoked out the best Nintendo Switch deals right here, including discounts on stand-alone consoles, as well as bundles that feature games like Super Smash Bros. Ultimate.
Emerging Tech

Awesome Tech You Can’t Buy Yet: Folding canoes and ultra-fast water filters

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!

Get some bang for your buck with these Nintendo Switch console deals at Walmart

Black Friday and Cyber Monday are in the past, but you can still get some bang for your buck on game consoles before the holiday season is done. Walmart has various Nintendo Switch bundles on sale right now.
Product Review

‘Just Cause 4’ is mindless fun that leaves little room for much else

Just Cause 4 revels in explosions and over-the-top action, but its world feels empty and hollow. With few new ideas and a stale open world, it's a fun but shallow piece of escapism.

‘CS:GO’ goes free-to-play and players are not happy about it

Counter-Strike: Global Offensive (CS:GO), has gone free-to-play this week in a controversial move. Players are angry that the problem of cheating will get much worse now that anyone can make a disposable account to play.

The most common Xbox One X problems, and how to fix them

The Xbox One X is a brilliant console, but it's not without its issues, ranging from simple annoyances to severe hardware problems. Here are common Xbox One X problems and how to fix them.

How to delete and reinstall games on your Xbox One

Removing and reinstalling games on the Xbox One's hard drive isn't difficult, but it's a process that not everyone is familiar with. Thankfully, our guide will run you through each step so you'll know precisely what to do.

‘Street Fighter V’ players will get bonuses if they allow in-game ads

Capcom will show in-game advertisements on Street Fighter V starting December 11. Players may choose to deactivate the ads, but they will miss out on some bonuses and content if they do so.

‘The Walking Dead: The Final Season’ returns with Episode 3 next month

Skybound Games revealed the release date for Episode 3: Broken Toys of Telltale Games' The Walking Dead: The Final Season. Clementine's story will be getting the ending that it deserves after all.