Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up.

Kadokawa Corporation, Elden Ring developer FromSoftware's majority owner, has acknowledged takeover interest from Sony, but says no decision's been made.

Following reports that Sony Interactive Entertainment is looking to acquire Kadokawa Corporation, the media conglomerate has now issued a statement revealing that while the PlayStation manufacturer is interested in buying Kadokawa, no decision has been made yet.