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KADOKAWA (also known as Kadokawa, 9468) sees the acquisition turmoil by Sony Group Corp<6758.T>settling down, and transitioning into a phase where the stock price gradually reflects its inherent corporate value.

The large-scale entertainment reorganization led by Sony Group that emerged towards the end of last year settled into a rather anticlimactic outcome of about 10% investment in Kadokawa. With no plans for additional acquisition, the stock price of Kadokawa, which at one time formed a record high of 4,552 yen due to acquisition speculation, was sold down to 3,028 yen by the end of the year. The closing price on the 8th was...