Cygames Acquires Background Art Studio Kusanagi

Mobile game developer Cygames announced on Thursday that it has reached an agreement to acquire all the shares of Kusanagi, a company specializing in background art for animation and video games. Effective June 2, 2016, Kusanagi becomes a subsidiary of Cygames according to the share transfer agreement.
Kusanagi was founded in 1990 by Youji Nakaza, who remains as representative director following the acquisition. According to a press release published by Cygames, Kusanagi had been searching for a business partner to enhance the quality of production content, and the two companies found that they have matching needs. Kusanagi is based in Tokyo's Nerima ward and currently employs 37 people according to its website.
In the current spring anime season, Kusanagi is responsible for background art in Beyblade Burst, Bungou Stray Dogs, and Tanaka-kun wa Itsumo Kedaruge. Nakaza stated that the company intends to further explore the use of 3D computer-generated designs which can be incorporated into its 2D background art. Cygames president Kouichi Watanabe also stated that the two companies will leverage on each other's strengths and strive toward the creation of new content.
The acquisition comes at a time when Cygames is aggressively expanding into the animation business. Earlier this year, the company established its animation production subsidiary CygamesPictures.
Source: Anime! Anime!
14 Comments Recent Comments
Okay, how much money does Cygames have? Weren't they only founded in 2011?
It had net income of $30 million in fiscal 2012. In the same year, DeNA paid $92 million for a 20% stake in Cygames.
https://www.techinasia.com/cygames-20-million-users
Jun 2, 2016 10:33 PM by Z4K
Jun 2, 2016 8:46 PM by chiflefinal123
Okay, how much money does Cygames have? Weren't they only founded in 2011?
The Bahamut game made tons of money IIRC. Literally tons.
Jun 2, 2016 12:26 PM by Avok
Jun 2, 2016 11:28 AM by Sury
Let's hope their a success.
Jun 2, 2016 7:53 AM by ichii_1
One step closer to the future Uma Musume anime.
Freakin yes.
I pray that it happens! xD
Jun 2, 2016 6:49 AM by DlynK
Jun 2, 2016 6:48 AM by CapedBaldy21
Jun 2, 2016 6:18 AM by Zekamashi
Jun 2, 2016 4:18 AM by Stark700
Jun 2, 2016 4:05 AM by Ramkec
Jun 2, 2016 1:08 AM by zetsu_shoren
Hopefully, as a new studio, they will pull out some amazing anime.
Jun 2, 2016 1:00 AM by Xenocrisi
Jun 1, 2016 10:32 PM by TheGeniusBaka
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Okay, how much money does Cygames have? Weren't they only founded in 2011?
It had net income of $30 million in fiscal 2012. In the same year, DeNA paid $92 million for a 20% stake in Cygames.
https://www.techinasia.com/cygames-20-million-users
mobage is srs bsns man. Plus the merch & stuff.
Jun 2, 2016 11:48 PM by JetNoir