I must admit that Atlus is one of my favorite video game publishers. They have brought over several games that are so offbeat that most other publishers are too hesitant to bring to the US. However, some troubling revelations of fraud have been brought up against Atlus’ parent company Index Holdings, and it is possible that bankruptcy is in the works for them. GameInformer has more details.
Atlus has quickly become a powerhouse in the gaming world, bringing unique and clever titles to North American shores. The publisher is largely responsible for a renaissance of interest in traditional roleplaying games. Now, that legacy is in jeopardy.
Atlus’ parent company, Index Holdings, has filed for “rehabilitation” (a form of bankruptcy) due to approximately 24.5 billion yen ($249 million) of outstanding debt. All corporate code is complex, but Japan’s rehabilitation process is streamlined.
With the fraud allegations, this could be bad for Atlus. Without some kind of buyout, we might not see some of the quirky titles that they have published here. As we find out more details, we will keep you posted.
While not working as a Database Administrator, Keith Schleicher has been associated with Gaming Trend since 2003. While his love of video games started with the Telestar Alpha (a pong console with four different games), he trule started playing video games when he received the ill-fated TI-99/4A. While the Speech Synthesizer seemed to be the height of gaming, eventually a 286 AT computer running at 8/12 Hz and a CGA monitor would be his outlet for a while. Eventually he’d graduate to 386, 486, Pentium, and Athlon systems, building some of those systems while doing some hardware reviews and attending Comdex. With the release of the Dreamcast that started his conversion to the console world. Since then he has acquired an NES, SNES, PS2, PS3, PSP, GBA-SP, DS, Xbox, Xbox 360, Xbox One S, Gamecube, Wii, Switch, and Oculus Quest 2. While not playing video games he enjoys bowling, reading, playing board games, listening to music, and watching movies and TV. He originally hails from Wisconsin but is now living in Michigan with his wife and sons.
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