Shares in 'Elden Ring' game publishers leap after rave reviews

Bandai Namco Holdings

24/02/2022 04:24

By Sam Nussey
    TOKYO, Feb 24 (Reuters) - Shares in Japan's Kadokawa
 9468.T  and Bandai Namco  7832.T  surged on Thursday following
rave reviews for action role-playing game "Elden Ring".
    The multi-platform fantasy title is a collaboration between
veteran game director Hidetaka Miyazaki and "Game of Thrones"
author George R. R. Martin.
    Shares in Kadokawa, whose subsidiary FromSoftware publishes
the game in Japan, were 8% higher in afternoon trade while
Bandai Namco, which publishes it overseas, climbed 6.5%.
    Martin, who has kept fans waiting for the next volume of his
hit series of novels, helped with worldbuilding for the game. It
is currently the top reviewed PlayStation 5 title, according to
review aggregator Metacritic, ahead of titles such as "Final
Fantasy XIV: Endwalker" and "Horizon Forbidden West".

 (Reporting by Sam Nussey; Editing by Edwina Gibbs)
 ((sam.nussey@tr.com;))