Nagoshi Studios, the company founded by Yakuza series creator Toshihiro Nagoshi, has permanently closed.
The studio’s Google business listing in Tokyo’s Ebisu district now displays a “Permanently closed” notice.
NetEase ended all funding after determining that the studio’s debut project, Gang of Dragon, would require an additional ¥7 billion (around $44 million) to complete. No new publisher or investor was secured.
The studio’s official website is now offline, its YouTube channel has been deleted along with all trailers and related content, and there has been no official statement from Nagoshi or the company.
NEWS: Square Enix’s Kazutoyo Maehiro stated that they’re preparing to reveal a new gaming experience in 2026🚀
“The next ‘something’ we’re preparing will also be content with a different approach. We’re working hard to bring you a new gaming experience, so please wait a little longer until the day we can debut it.”
What type of content are you hoping for?😎
Source: @gematsu