Square Enix absorbs Tokyo RPG Factory
Studio known for I Am Setsuna, Lost Sphear, and Oninaki.Square Enix will merge with Tokyo RPG Factory in an absorption-type merger, the company announced.
This means that Square Enix, the surviving company, will inherit all assets and liabilities of Tokyo RPG Factory, the dissolving company, and Tokyo RPG Factory will cease to exist as an individual entity.
Tokyo RPG Factory, a subsidiary of Square Enix, was established in 2014, and has developed and released I Am Setsuna (2016) for PlayStation 4, Switch, PS Vita, and PC, and Lost Sphear (2017) and Oninaki (2019) for PlayStation 4, Switch, and PC.
Thanks, Gamebiz.