Ouka Studios, the developer of the Square Enix published action-RPG Visions of Mana, is reportedly set to close as its parent company NetEase has cut “all but a handful of jobs”.
The news comes as part of a report from Bloomberg on Tencent and NetEase, two of China’s biggest game publishers, both of which are scaling back investment in Japanese studios.
Ouka Studios opened in 2020 and hired staff from the likes of Capcom and Bandai Namco, but with the majority of staff laid off, those who remain will oversee the release of the studio’s final games before it shuts.