GungHo Online Entertainment

Japanese video game developer, publisher and holding company, founded July 1, 1998 as ONSale Co., Ltd. (a joint venture between Softbank and onSale Inc. for online auctions), later transformed into online gaming. Headquartered in Chiyoda, Tokyo; listed on TSE (3765). Chairman: Taizo Son; President & CEO: Kazuki Morishita. Best known for the mobile mega-hit Puzzle & Dragons (2012), the vast majority of revenue through the 2010s-2020s; also hosts the Japanese server of Ragnarok Online (developed by listed Korean subsidiary Gravity). Group subsidiaries include Game Arts, Gravity, SUPERTRICK GAMES, GungHo Online Entertainment America, GungHo Gamania, GungHo Works, GungHo Mode and mspo. Ownership: SoftBank Group 1998-2016 (sold majority June 2016), then under Taizo Son's SON Financial 2016-2026; in August 2026 a capital and business alliance with Sony Music Entertainment Japan was announced, with Sony Music acquiring 22.93% and becoming the largest shareholder (SoftBank retains 3.8%); GungHo remains a listed company. Moby record: 'GungHo Online Entertainment, Inc.'.

• Type: Publisher · Buyer
• Headquarters: Japan
• Activity taxonomy (by shipped credits): Publishing, Development, QA and testing services, Art, assets and fonts production services, Storytelling and narrative services, Audio design and production services
• Credited games in the group: 20

Group structure

• GungHo Online Entertainment America (Publisher)
• Gravity (Publisher)
• SUPERTRICK GAMES (Service Provider)
• Game Arts (Developer)
• Gravity Game Vision (Publisher and Developer)
• Gravity Game Hub (Publisher)
• Gravity Game Arise (Publisher and Developer)

Partners proven by shipped credits

• Clouded Leopard Entertainment — Publishing, QA and testing services, 3 shared credits, 2025–2025
• Camouflaj — Development, 3 shared credits, 2015–2016
• Logan Games — Development, 3 shared credits, 2015–2016
• BETOP JAPAN — Art, assets and fonts production services, 2 shared credits, 2018–2025
• Grasshopper Manufacture — Art, assets and fonts production services, Development, Publishing, 2 shared credits, 2018–2022
• Kinsha Co., Ltd. — QA and testing services, 2 shared credits, 2025–2025
• Arrival (Formosa Interactive) — Audio design and production services, 1 shared credits, 2015–2015
• Empty Sea Audio — Audio design and production services, 1 shared credits, 2015–2015
• SHIFT Inc — QA and testing services, 1 shared credits, 2018–2018
• Lionbridge Games — Audio design and production services, Localisation services, 1 shared credits, 2018–2018
• SkyBox Labs — Porting services, 1 shared credits, 2015–2015
• Yoondesign Group — Art, assets and fonts production services, 1 shared credits, 2025–2025
• Kakehashi Games — Localisation services, 1 shared credits, 2015–2015
• Acttil — Audio design and production services, Marketing and consulting services, 1 shared credits, 2025–2025
• Side International UK — Localisation services, 1 shared credits, 2025–2025

Latest related news

• Gravity Well lays off more than 40 staff after losing publisher funding (2026-10-07)
• Grasshopper Manufacture negotiates independence from NetEase as retrenchment sweeps eight studios (2026-09-30)
• Cygames AI Studio: a publisher blueprint for proprietary AI beyond the backlash (2026-01-09)

Source: Games Atlas (gamesatlas.app), based on MobyGames credits and Games Atlas analysis. Games Atlas does not estimate revenue or report the performance of individual games. Profile: https://gamesatlas.app/companies/gungho-online-entertainment