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(April 26, 2005)

Konami is confirming today that the developer / publisher is selling its 22.2 percent stake in toy maker, and former game developer, Takara for ¥11billion ($104million US).  Konami had initially purchased the stake in 2000 when the toy maker was experiencing financial troubles.  Over the years, Takara continued to have trouble as a result of not diversifying enough, consequently pushing down Konami's profits as a whole, pushing the publisher to sell.

Takara is most well known for its Transformers toy line, as well as video games like Choro Q and Battle Arena Toshinden.

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