Sony Group Corporation is in talks to acquire fellow Japanese conglomerate Kadokawa, according to media reports that emerged this week. The firm's animation and games properties may underlie the possible M&A activity.

In a pretty astonishing piece of news, it seems that Sony is in talks to buy Kadokawa. According to Reuters, Sony is thinking of buying Kadokawa, which would have massive ramifications for both games and anime.

Sony is reportedly in talks to acquire Kadokawa, the owner of FromSoftware Sources claim talks are still ongoing but a deal could be signed in weeks Sony currently has a 2% stake in Kadokawa Sony is reportedly looking to acquire the Japanese publishing company Kadokawa,