FuRyu To “Temporarily Suspend” Games Business

Posted on by Ryan

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During their latest shareholder report, FuRyu revealed they will “temporarily suspend” their game business and will only be focusing on games currently in development. This includes the following titles:

 

  • Work x Work (Switch) – September 27 in Japan
  • CryStar (PlayStation 4) – October 18 in Japan
  • Beyblade Burst: Battle Zero (Switch) – October 25 in Japan
  • Project One-Room (Tentative Title) (PlayStation 4) – TBA

Takashi Mishima, President and CEO of FuRyu, said during the report:

 

“In our games business, we strived to monetize the sector through mixed media developments. However, we were struggling to recover our heavily invested games business, and growth in the main business was also sluggish, which led to a major disparity from the overall initial plan.”

“Investment in game development will be temporarily suspended, and we will maximize our focus on the monetization of the titles that we have already invested in. We have also already invested in anime for our mixed media developments, and we plan to maximize revenue in the synergy between our anime and games this fiscal year. Additionally, we will revise advertising expenses and the like for our games business.”