Index Corporation has filed for civil rehabilitation today as a result of facing bankruptcy. According to CNET Japan, Index owes ¥24.5 billion (around $224 million). The corporation stated that its overseas acquisitions failed to create the necessary revenue to justify their purchases, President Ochiai Yoshimi has expressed his intention to resign.
Index Corporation is the parent company of Zeno Clash publisher, Atlus. A representative from Atlus has issued a statement from President and CEO Naoto Hiraoka to Polygon, stating they are unnaffected by Index’s current situation.
“Currently, Index Digital Media, Inc. and the ATLUS brand are unaffected by the Index Corporation proceedings in Japan.” The statement reads. “We’re carrying on day-to-day activities, business as usual. Shin Megami Tensei IV and Dragon’s Crown are still releasing on July 16 and August 6 respectively, and we’re licensing and publishing third-party titles such as R.I.P.D: The Game and Daylight. We want to thank all of our fans for their outpouring of support.”