Summary:
- Kadokawa Corporation, a major Japanese media company, has acquired Sozo Entertainment, the company behind the largest anime convention in Southeast Asia called Anime Festival Asia (AFA).
- This acquisition is part of Kadokawa's ongoing efforts to expand its global presence and influence in the anime industry, particularly in the Southeast Asian market.
- The acquisition will allow Kadokawa to leverage Sozo Entertainment's expertise and connections in the Southeast Asian anime community, helping to further promote Japanese anime and manga in the region.