The Parent Company Of Atlus – Index Corporation Is Facing Financial Crunch

Index Corporation, the parent company of Atlas USA is facing financial crisis. The company is still optimistic about the entire situation and claims that they are not affected by it. News has revealed the parent company has also filed for a bankruptcy. This has been done as it is entering into the proceeding of civil rehabilitation. A publisher named Yet Atlus USA has the responsibility of publishing and localizing the games of the company. It has been said by them that are unaffected with the proceedings of Index Corporation.

The statement has been made in full details to Kotaku and that also in full details. It has been said that the brand of ATLUS and the digital media of Index are not affected by such proceedings that have been occurring in Japan. The company has also said that they have been carrying out the diurnal activities. The business has been proceeding in the usual manner. Dragon’s Crown and Shin Megami Tensel IV are moving towards its release on the 6th of Augusts and 16th of July, respectively.

The company is also publishing and licensing the titles of the third party. It is like that of R.I.P.D: the Game and the Daylight. The company has also thanked all their fans to outpour the support. The release of the Sin Megami Tensei IV of its western version has been confirmed just about two months back. Atlus was purchased by Index Holdings in the year 2006. The company declared itself to be bankrupted in the district court of Tokyo.

It has followed most of the emergency meetings especially at the board level. The company is currently in a debt of £160 million. Ochiai Yoshimi has been a director of the company since the ear 2007. Pertaining to this financial crisis, he has now planned to resign from his post now. This has been revealed in the translated report of CNET. Atlus itself was established in the year 1986. It is since this time that the company had made itself unique in the gaming industry. The reason behind this is that it has provided high quality games to the western audience. These games have been originally made in Japan.

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