Topic · 06 of 08

Business & Finance

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Entertainment & Culture

Saudi and Korean Money Is Funding Japan's Star Game Developers — and Japan Can't Compete

Katsuhiro Harada launched VS Studio under SNK. Shinji Mikami's Unbound was absorbed by Korea's SHIFT UP. Daisuke Taka burned through his savings to go solo. As Japan's most celebrated game creators strike out on their own, the capital keeping them afloat is overwhelmingly Saudi and Korean. Here's why Japan's own giants can't fund their stars, and why foreign money can.

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Business & Finance

Business-Value Collateral: Japan's New Law Lets Startups Borrow Without Land or Personal Guarantees

Japan's Business-Value-Based Financing Promotion Act took effect on May 25, 2026, creating an enterprise value charge that lets companies pledge their whole business, including intangibles and future cash flow. We compare it with US venture debt and Korean and Singaporean IP finance, and ask whether banks have the skills to use it.