Index Increases its Stake in Atlus
Parent company believes in Atlus' future success.
05.26.09 - 9:27 PM

Index Holdings has increased its stake in Atlus to 62.24%. The company had previously held a 54.93% stake in the Shin Megami Tensei makers. Index cited expectations for further growth in the game business as a result of synergy effects with the group's mobile contents and anime divisions.

For its current fiscal year ending on July 31st, Atlus expects to post an operating profit of 549 million yen ($5.79 million USD) on sales of 20.64 billion yen ($217.63 million USD). While the company's game division has performed well, its arcade and amusement divisions have been struggling as of late. Atlus has recently released PlayStation Portable-based remakes of Persona and Growlanser in Japan.

• Official Index Website