TENCENT(HK:00700) Z Finance·2025-03-05 03:41Core Viewpoint - Tencent is increasing its influence over FromSoftware's parent company Kadokawa by raising its stake to 7.97%, which is part of a strategic capital and business alliance, especially in light of the development of the mobile version of "Elden Ring" [1][2]. Group 1 - On March 5, FromSoftware's president Hidetaka Miyazaki visited Tencent's headquarters, indicating a close relationship with the mobile development of "Elden Ring" [1]. - Tencent's stake in Kadokawa has increased by 1.11% since last year, highlighting its aggressive investment strategy [1][2]. - Sony has become the largest shareholder in Kadokawa with a 10% stake, having acquired over 12 million new shares for approximately 50 billion yen (about 318 million USD) [1][2]. Group 2 - Tencent's intention to strengthen its influence over Kadokawa is evident, despite Kadokawa's emphasis on its internal independence [2]. - The competition between Tencent and Sony for shares in Kadokawa is intensifying, particularly in the gaming sector [2]. - The ongoing collaboration and competition between Tencent and Sony in the gaming field, especially regarding potential new titles like "Elden Ring 2," is a key area to watch [2].