Tekken director Katsuhiro Harada founds VS Studio backed by SNK

Katsuhiro Harada has established VS Studio in Tokyo as a new developer focused on creating games. The studio, officially formed on May 1, receives investment and support from SNK as a consolidated subsidiary. This marks Harada's return to game development after leaving Bandai Namco last year.

Harada shared the studio's philosophy of going beyond tradition to craft perfection. He stated that VS Studio combines technology, sensibility, and expertise to deliver the ultimate gaming experiences. The director also noted his aim to build an environment where developers can perform at their best and invited new team members who share the vision.

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Illustration of Nagoshi Studio employees in shock amid office closure due to funding cut, with Gang of Dragon game art and rainy Tokyo backdrop.
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NetEase halts funding for Toshihiro Nagoshi's Gang of Dragon, allows studio to continue independently

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NetEase has notified Nagoshi Studio it will stop funding from May 2026 for its debut game Gang of Dragon, after the studio requested an additional ¥7 billion ($44.4 million) to complete the project unveiled at The Game Awards 2025. The studio may continue independently if it secures alternative funding and negotiates to buy back IP rights.

Keiichi Toyama, creator of Silent Hill, Siren, and Gravity Rush, is recruiting staff for a new large-scale project at Bokeh Game Studio. The studio, founded in 2020, released its first game Slitterhead in 2024. Toyama emphasised the team's commitment to originality in a job posting on a Japanese recruitment site.

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Shift Up, the developer behind Stellar Blade, has acquired Unbound, the new studio founded by Resident Evil creator Shinji Mikami after he left Tango Gameworks in 2023. The two companies announced their partnership to collaborate on original PC and console games targeting global markets. Shift Up will publish Unbound's upcoming titles.

Bloober Team, the Polish horror game developer behind the Silent Hill 2 remake and Cronos: The New Dawn, has appointed three new leaders as it transitions to managing multiple projects. The studio is now working on two first-party single-player horror games and five co-developments. CEO Piotr Babieno emphasized the move supports long-term stability without overextending.

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Streetlamp Studio and publisher Skystone Games have released a new gameplay trailer for their upcoming side-scrolling roguelike SlashZero. The video demonstrates aerial combo sequences and movesets for two playable characters, set against anime-inspired visuals and cyberpunk aesthetics. The game was first announced at the Future Games Show Spring Showcase.

Sony Interactive Entertainment is shutting down Bluepoint Games, the studio behind acclaimed PlayStation remakes, just five years after acquiring it. The closure, announced in an internal memo from co-CEO Hermen Hulst, cites rising development costs and industry challenges. The Texas-based team, known for Demon’s Souls and Shadow of the Colossus, will cease operations next month.

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Vampire Survivors developer Poncle is expanding aggressively, with 15 projects in active development and new studios planned in Japan and Italy. Chief strategy officer Matteo Sapio outlined the plans in an interview, leveraging the game's success with over 25 million players. The projects include spin-offs, new IP, and Survivors-style games in other franchises.

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