<ul><li>Sony Group Corporation and Kadokawa Corporation have formed a strategic capital and business alliance.</li><li>Sony becomes the largest shareholder of Kadokawa with approximately 10% of its shares.</li><li>The alliance aims to strengthen IPs owned by Sony and Kadokawa on a global basis and enable deeper collaboration.</li><li>Sony and Kadokawa may engage in joint investments as a part of their alliance.</li></ul>

Sony Becomes Kadokawa’s Largest Shareholder As Companies Form Strategic Capital & Business Alliance

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