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2016.05.03 KADOKAWA invests in Yen Press, the leading translation publisher in the US
The leading entertainment company in Japan, KADOKAWA took a big step in the publication of Japanese manga and light novels overseas.
KADOKAWA added the second leading company in the field of Japanese manga publications in the US, Yen Press as a member of their group.

Yen Press was established in 2006 by Kurt Hassler, who has been running the Japanese manga publishing operation for many years. Yen Press is originally a section of the leading publishing company in the US, Hachette Book Group, and has been in charge of the publication of Japanese manga, light novels and graphic novels. This time the Hachette Book Group splits off of Yen Press into a separate company, and establishes Yen Press, LLC in May 2016. KADOKAWA will acquire 51% of Yen Press’s equity through an investment firm and obtain major part of its control.

Yen Press put effort into e-books almost immediately during a poor economic period of time for Japanese manga in the late 2000s, and established the second-largest position in the Japanese manga publication industry in the US by moving into original English works of Japanese manga style, Korean manga and light novels. Yen Press has cooperated with Square Enix in order to counter the first-largest company Viz Media.

In addition, Yen Press obtained many of KADOKAWA’s productions through this contract. In Japan, KADOKAWA has claimed an overwhelming share of light novels that Yen Press is putting effort into. This will accelerate Yen Press’s business more.

For more information, please refer to the following websites: