Tencent Announces the Acquisition of VISUAL ARTS, the Developer of “Crimson Sky” and “CALNNAD” | 4Gamers

2023-07-27 14:48:45

VISUAL ARTS President Ryuhiro Baba, who is famous for Japanese girl games, announced on the official blog today that he will become a subsidiary of Tencent Holdings Co., Ltd. through the transfer of shares. The president will be taken over by Tianyun Genki, and Ryuhiro Baba will become a consultant.

Baba Longbo emphasized that the company’s business is not going well. In fact, because of the good performance of works such as “Scarlet Sky”, this year’s company has the highest revenue in the 33 years since its founding. The family holds all the shares, and there will be no successors in the event of an accident, so the best way is to become a subsidiary of a listed company.

The reason for choosing Tencent is that they can realize the ideal of “creating world-class IP” and provide products from a global perspective, emphasizing that VISUAL ARTS will not change in any way. There are already new visual novel games, anime, and mobile games, which will be revealed by the new president later.

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