Sony Music Japan to buy 23.29% of GungHo for ¥28.64bn
Sony Music Entertainment Japan will acquire a 23.29% stake in Puzzle & Dragons developer GungHo Online Entertainment for ¥28.64bn, buying 12,006,500 shares off-market from SON Financial. The alliance could extend to joint development and promotional collaborations, with GungHo expected to remain publicly listed and independently managed, subject to regulatory approvals and a December 30, 2026 close.