The multimedia company MAGES. announced on Friday that the company CHIYOMARU STUDIO executed a management buyout of MAGES. CHIYOMARU STUDIO purchased all shares of MAGES. from Dwango, a subsidiary of Kadokawa and the previous parent company of MAGES. Game director and developer Chiyomaru Shikura is the representative director for both MAGES. and CHIYOMARU STUDIO.
Shikura’s 5pb. company merged with a number of companies under Kadokawa to form MAGES. in 2011.
The company publishes games and music under its 5pb. Games and 5pb. Records labels, and works with Kadokawa for anime and manga adaptations of its properties.
The announcement further noted that while MAGES. will no longer be under Kadokawa, the two companies will still maintain a positive relationship.