Nagoshi Studio dissolves, leaving Gang of Dragon’s future uncertain
Games · Monday, November 2, 2026 · 7 sources

Nagoshi Studio dissolves, leaving Gang of Dragon’s future uncertain

Nagoshi Studio, founded by Like a Dragon creator Toshihiro Nagoshi, was dissolved by a shareholders’ resolution on October 31, according to a notice in Japan’s Official Gazette. NetEase had reportedly withdrawn funding after the game needed at least ¥7 billion (€41 million; $44.4 million) more to finish, and Gang of Dragon has no confirmed new backer or release plan.

Bottom line — Gang of Dragon remains listed on Steam, but no successor studio or cancellation has been announced.

Go deeper 6

  1. The Official Gazette notice, published on November 2, names Minoru Morinaga as representative liquidator, according to InvenGlobal.

  2. Bloomberg reported that NetEase was willing to let the studio continue independently, but it would have to pay to retain the game’s assets and intellectual property.

  3. Nagoshi Studio unveiled the action-adventure game at The Game Awards in December 2025.

  4. The game stars Ma Dong-seok as Shin Ji-seong and is set in Tokyo’s Kabukicho district.

  5. Automaton West reported that the studio’s website went offline in May and several development staff left in the following months.

  6. Dissolution begins liquidation proceedings; it does not itself mean the company is bankrupt, InvenGlobal notes.

Read the reporting 7

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

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Last generated: Nov 2, 7:18 PM UTC by wreetco

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

Links · Contact
Popular topics · WorldEuropeGamesAI
Last generated: Nov 2, 7:18 PM UTC by wreetco