Report: Atlus in trouble after parent company readies for bankruptcy
Troubling news is coming out of Japan via CNET Japan and being reported by NeoGAF. According to the post, Atlus is at risk for restructuring after its parent company, Index, filed for civil rehabilitation proceedings in the face of bankruptcy. According to the CNET report, Index owes around ¥24.5 billion, which equates to roughly $244 million. Ochiai Yoshimi, the company’s president, is said to be hinting at resignation.
Atlus has not responded to these claims so far, but if this turns out to be true then the Shin Megami Tensei and Fire Emblem crossover that is said to be in development for the Wii U could be at risk. Atlus is well known for its 3DS published titles, such as Harvest Moon.