Another Company Files For Bankruptcy!

Kyaru-Gan-300x160 Another Company Files For Bankruptcy!

What You Need to Know:

  • The first of April is the start of the financial year in Japan. Many companies announce new products, fresh college graduates begin their jobs, and more! However, it seems like recently companies cannot get a break as yet ANOTHER company has filed for bankruptcy.
  • Yaraon has reported today that gaming company Alchemist has filed for insolvency effective April 1st. Now ,while you might question who Alchemist is, there are a few notable games that they released.
  • Founded in 1991, they were in charge of Gal*Gun, the Higurashi no Naku Koro ni Kizuna fighting game as well as other various titles for the 3DS, DS, Xbox 360 & PSP. This news has certainly come out of nowhere as fans seem shocked and saddended by the fall of another great company.

Source: Yaraon Blog

Reactions Around the Web

Oy! oy! What is going on!
Ugh... everything is moving to smart phones...
I guess it's true that if you are not constantly releasing things, then you are quickly forgotten.
Alchemist was a pretty popular company too...
Don't go Alchemist~~!

Kyaru-Gan-300x160 Another Company Files For Bankruptcy!
Woah... Talk about sad news out of nowhere. This reminds me of Manglobe.
Kyaru-Gan-300x160 Another Company Files For Bankruptcy!
This is terrible! However the commetor has a point about smartphones. People need to play more games on systems!!!