Konami Sells Off Takara Stock

April 25, 200521 yr

04-25-05

Today in Japan, Konami has sold off all their Takara stocks for 11 Billion Yen.Â In 2000 Konami, as a third party, undertook allocation of shares that Takara executed to support Takara that was in financial difficulty, and became the largest shareholder who owned about 20.1 million in stocks that hit 22.2% of the all issued stocks.Â However, it is judged that the slumping business to which Takara is prolonged influences the achievement of Konami harmfully.Â They launched out into the clearance of the stocks.

April 25, 200521 yr

The image of rats jumping off a sinking ship comes to mind.... I seriously hope that's not the case.

April 25, 200521 yr

Indeed.

RUMBLEBEE

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Gender:Male
Location:Ft Lauderdale, Florida
Interests:I love drawing and writing (just starting to get a handel of the writing part) and looking to create a few comic books (manga style) and create my own publishing company. Looking for other talented atrist to share ideas and thoughts with. I enjoy movies foreign and domestic. Love anime. I am a huge Music lover. Some of my own personal work can be inspired by musicians and singers. Will one day pick up a guitar once again. I am a huge TransFan and love Transformers and Giant Robots of Japan. (also big fan of Macross and Soul of Chogokin/ Shogun Warriors and if the design is great enough a closet Power Rangers fan)
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April 25, 200521 yr

Wow. Wonder what that will mean for Takara? I wonder if the stock would be taken over by another shareholder to bolster consumer confidence. My Sony, I'm lookin' at you. :tftongue

April 25, 200521 yr

Some Korean company will probably come in and rescue them.

Kinda strange that Komani didn't attempt to parlay Takara franchises (in particular Transformers) into card games. Aren't they responsible for that whole Yu-Gi-Oh! mania? But then I wonder how that brand would've translated to the US with Hasbro holding Transformers licenses.

April 25, 200521 yr

04-25-05
Today in Japan, Konami has sold off all their Takara stocks for 11 Billion Yen.Â

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Konami probably got advanced notice of the Wheelie/Kup reissue.

:inhpoo

April 25, 200521 yr

Not good news for Takara Tf Fans.

April 25, 200521 yr

i blame hasbro for forcing takara to keep pushing tf's onto a japanese market that does not want anything to do with them. the japanese want their giant mecha to be piloted by 15-year-old bishounen. i bet if takara dumped the tf's and went back to diaclone, they'd do a lot beter.

April 25, 200521 yr

I'm more interested in whoever paid the 11 billion yen.......

April 26, 200521 yr

i blame hasbro for forcing takara to keep pushing tf's onto a japanese market that does not want anything to do with them. the japanese want their giant mecha to be piloted by 15-year-old bishounen. i bet if takara dumped the tf's and went back to diaclone, they'd do a lot beter.

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:roll

Hornet does it again!