Yakuza creator’s studio officially closed
Translated with AI from the Russian original.
Toshihiro Nagoshi’s studio vanished from the map as quietly as it had been fading in recent months.
Nagoshi Studio, founded by Yakuza series creator Toshihiro Nagoshi, officially ceased to exist on October 31, as confirmed by a publication in Japan’s official gazette.
The studio was closed following a general meeting of shareholders. A corresponding entry appeared in the official government gazette on November 2.
Nagoshi Studio was founded in 2022 with the support of NetEase Games after Nagoshi’s departure from Sega and RGG Studio. At The Game Awards 2025, the team unveiled the ambitious cinematic action game Gang of Dragon.
In March 2026, Bloomberg reported that NetEase would halt funding for the studio. Due to the suspension of development, the team required an additional $44.4 million to complete the project. Shortly before that, the studio stopped updating its social media accounts. In May, its website became unavailable, and its YouTube channel was deleted. Several key employees also announced their departures.
Now the shutdown of Nagoshi Studio has been officially confirmed. Meanwhile, the fate of Gang of Dragon remains unknown: the game is still listed on Steam with the status “Coming Soon”.
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