Video game developer Nippon Ichi Software appears to be struggling to pay its employees after it began flogging stock in order to raise quick money.
Nippon Ichi Software has recently issued 375,000 new shares with the intention of quickly raising ¥573 million. The stocks are being sold in the form of warrants, which allow investors to buy stock at a fixed price until their expiration.
Perhaps rather worryingly, 65% of the money being raised will be used to pay employees, potentially raising concerns over whether the company is in dire financial straits. 30% of the money will be used to pay third-party contractors and the last 5% will be for internal investment.
Nippon Ichi Software hold a Guinness World Record for publishing the most strategy RPGs and is perhaps best-known for the Disgaea series. Some sources are speculating that the company is selling stocks in order to compensate for poor mobile game sales; the recent fiasco regarding Disgaea RPG possibly being related to their desperate need for money.
Well s♥♥t… Nippon Icchi is a nice company
Just disband the whole NISA section, im sure that is expensive as hell, besides many in the west aren’t buying those games specifically because of the localizations, and well syony
…. go pc? …with actual good ports
Actually, NISA are keeping NIS afloat.
Their games sell more in the west than they do in Japan.
whoa….
And many of us hate NISA, they could be doing way better
Why are they going bad in japan? i don’t think just a mobile game crashed an entire company?
Their console games just don’t sell much, Disgaea 5 Complete on Switch has apparently sold more than 200,000 units worldwide, yet Japanese first week sales didn’t even chart, selling less than just over 5,000.
So either they’ve been lying to their shareholders and trying to pull a sly one, or the west loves NISA more than Japan loves NIS.
I believe fans are waiting for the definitive version with all DLC included before buying.
Because that’s what I do.
PC is dead in west, though. Steam is pile of s♥♥t that does not actually sell you games, but rather let you borrow some bytes.
f♥♥k Steam and f♥♥k paying for downloads
Retards.
You’re a retard for paying for a download.
Maybe if the CEO and the high ranking officials would stop hogging all the cash, devs and employees can get decent pay…
When a company that does not need to take out shady loans in order to make payroll becomes a company that does need to take out shady loans in order to make payroll, they are a company on the road to bankruptcy whose loans are palliative.
Unless they sell the IP to a company that doesn’t suck, there will never be a Disgaea 6.
>cuckphone zombies not being loyal consumers
Color me shocked
Bye Nippon Ichi.