Monthly Archives: June 2013

Atlas Filing for Bankruptcy

P4A

 

Alas, another undeserving publisher is falling to its knees at the hands of financial problems.

 

The company Index (or Atlus), the publisher of games such as the Persona series, Shin Megami Tensai and, soon, the upcoming game Dragon’s Crown, is facing financial peril. According to Index’s main website, they’ve announced that they’re to undergo civil rehabilitation proceedings.

 

At the meeting of the Board of Directors held on June 27, 2013, and resolved to make a petition for civil rehabilitation proceedings, to conduct a petition for civil rehabilitation proceedings in the Tokyo District Court in the same day, the Company was accepted was. In addition, from the Tokyo District Court, protective order whose contents payment Prohibition and supervision order at the same date, so has been issued, I will inform you as follows.

It becomes a place where it becomes a situation like this, to apologize for shareholders, customers, business partners, and worry trouble enormously regarding. Everyone of the parties concerned other, and without any excuse, I apologize deeply.

1. Reason and circumstances that led to the petition

Ever since the establishment in 1995, the business revolves around the content and business solutions and digital games business, the Company has earned a profit in a stable manner.

On the other hand, I went to business acquisitions that target the domestic and foreign companies, but the expected revenue does not increase in overseas acquisitions in particular, investment heavy losses occurred. In addition, due to the Corporation Incubator Bank of Japan in September 2010, was to build a small business promotion network that we had participated was bankrupt, the financial health of the participating companies of the network affected by the collapse worse However, many of the investments you have made ​​to the participating companies of the network becomes uncollectible also our own, our financial condition has worsened. In addition, in the second quarter ended August 31, 2013, by, for example reversal of deferred tax assets and provisions for bad debt processing a large amount of generated by the investment, I got into a debt exceeded both consolidated and non-consolidated.

It was a condition that leads to uneasiness from suppliers such circumstances, financial institutions and such like, cash flow is tight. Therefore, it’s up to recently, independent reconstruction leads to judgment and is extremely difficult, and have chosen to take a plunge reconstruction by civil rehabilitation proceedings.

 

In a nutshell, it’s more of a reorganization, which means they’ll still be in business, but owned by creditors. However, according to Cnet Japan it looks as though they’re looking for a full on buyout of the company, or at minimum, a merger.

 

It’s sad to see another go if things don’t work out. Here’s to hoping they find someone who’s willing to scoop them up and get them back to their old selves again.

 

*COUGH* SONY *COUGH*


E3 2013 Nintendo!

Nintendo JoyThe first day of E3 was insane for someone who doesn’t have an army of PR reps that can schedule me in months ahead of time. After watching the Sony and Microsoft press conference I knew it was going to be a pain to get  hands-on with both consoles so my first stop was with Nintendo. Something about Nintendo always puts a smile on my face; even through the evolution of gaming they still know, at the core, what the whole industry is about. After reading frantic Twitter and Facebook post about Nintendo Direct, and mind you the stream kept crashing every three minutes, I was eager to get a first look at Bayonetta 2, Wonderful 101, and possibly the new Zelda 3DS game. Right away I was able to get in contact with a Nintendo rep and was escorted to a Wii U station where I knew I would be reunited with my long-legged vixen.

Bayonetta 2The controls and game play for Bayonetta 2 was exactly what I remembered from the first game, but I did go the Gamepad Touch route because I wanted to know if it held up to the precise controlling that Platinum games has  delivered in the past. Mashing away on the touch screen did feel a little off, but with a single swipe I could time my dodges to enter Witch Time and connect with my Torture Attacks. The cinematic of the environment and the enemies come together nicely with all you can expect for this over-the-top action platform, but I would have liked to be focusing on my TV and not always looking down on the Game Pad. Nintendo couldn’t comment on what the basis of the plot was, but it will involve not only the high order of Angels, but the demons of Inferno as well seeing how Jeanne’s soul was capture by them. Next up was the new Mario Kart 8 which was a nice treat to experience. The anti gravity tracks were kind of neat and the return of 12-player online competitive play, hang-gliders, underwater racing and motorbikes which was something I didn’t know was introduced in previous Mario Karts see how the last Mario Kart I played was Mario Kart 64. Wonderful 101 has shaped up nicely with its announcement date of September 15th of this year. Forming into different weapons using the Game Pad touch screen, you cut, slam, whip, and shoot your way through enemies. Collecting power-ups, solving puzzles for platinum coins, and recruiting potential would-be heroes gives a great opportunity for a Wonderful 101 hours of replay-ability, plus the rumored multiplayer mode has me very excited. Lastly I found myself staring at what could be the sequel to my all time favorite game during my childhood Legend of Zelda: A Link Between Worlds. Everything about the game justified my purchase of a 3DS; from the over the top view of the original SNES game, the new game mechanic becoming a portrait is easily something that I became obsessed with trying to look for heart containers, and finally button control no more motion controls in a Zelda game PRAISE THE SUN!

PRAISE THE SUN!

There’s plenty more so stay tune for more E3 2013 memories.

[Insert Witty Comment Here] … or down below, whatever you prefer @GameOverParra on Twitterverse


Bro Team in Hot Water?

 

Recently, Machinima released a video showing Bro Team and The Last of Us, and decided to use a very hot word that sparks a fire every time it’s used. And as such, it’s getting a lot of hate from the Muslim religion that are most likely caused by extremists, but in my case, it’s hard to tell. I don’t know much about Middle Eastern religion because it’s been off my radar for years, I will admit, and I’ve read and heard so many different sides that I’ve pretty much become neutral. I am not taking its side, nor am I against it. I know that there’s many who don’t accept this kind of backlash who is accepting of Muslims in general.

 

I am, however, a supporter of freedom of speech, especially when it comes to the internet. When something as big as a religion begins its attempt to overcome someone’s speech, just like the real world, prepare for the masses. Those who don’t put up with the one-sided, short-sighted criticism of simply speaking out.

 

On the internet, no one gets special treatment.

 

On the internet, everything is permitted.

 

Of course, there’s the apology video, but it’s not the kind of apology you’re looking for. It’s more or less getting a point across.

 


Xbox One DRM does a 180!

Xbox_Consle_Sensr_controllr_F_TransBG_RGB_2013Earlier this morning rumors coming out of Giant Bomb reported that Microsoft’s was drastically changing there DRM/Always-Online policy. Once the mass hysteria hit the twitterverse Microsoft confirmed that indeed fan feedback (or outrage however you see it) has prevail. With no 24 hour internet connection required just a one time set up and the ability to trade your disc base game plus no region lock what will Microsoft gain or lose?


Playstation 4 Price Revealed

To add to the slaps and punches between companies at E3, the Playstation 4 will release at $399, $100 cheaper than the new Xbox One.

So there you have it, folks. Pre-order until your heart’s content on whatever system you decide to go with! Amazon, Best Buy, GameStop, they’re all accepting pre-orders right now.


Playstation 4 Will Allow Used Games and More

Used Games PS4

 

…Welp.

 

So, this was a kick to the Microsoft gonads. Specifically, mentioning no online, will support used games, allowing to be lent out to friends with no issues. They’ve even specified that it won’t “Require a connection check once a day.”

 

And, the video above… well, yeah.


Kingdom Hearts III Coming to PS4

 

Well, I never was one for the series, but I know a few people who would kill for a new game. And sure enough, one was announced. Kingdom Hearts III was announced as one of the two announcements from SquareEnix. Whether or not it’s exclusive? That remains to be seen.