Imageepoch is officially dead, bankruptcy proceedings announced
ゞ扮嚥喟垓〃ゞ鈍霜勧傍〃ゞFate / EXTRA〃吉恬蝕窟斌 IMAGEEPOCH 傚御篤恢
喇嗄老崙恬繁仝囮唹措寮々楕糟奚将容竃狛ゞ鈍霜勧傍┘札屮鵐好疋薀乾鵤〃、ゞFate / EXTRA〃、ゞ扮嚥喟垓扮と喟垓゛トキトワ゛〃嚥ゞ恷朔埃協議絞並恷朔の埃崩の麗囂〃吉嗄老議晩云蝕窟斌 IMAGEEPOCH 噐 5 埖 7 晩嚥叫奨仇圭隈垪賦萩峇佩篤恢返偬屎塀傚御篤恢。
IMAGEEPOCH 噐 2004 定幹匍容竃俯謹嗄老恬瞳定唔辺恷互奚将器欺 17 叮 5100 嵐徽岻朔咀嗄老蝕窟撹云指辺是佃壅紗貧恬瞳弁音泌圓豚唔辺噐 2013 定業和週欺 4 叮 1000 嵐巷望糞嵎将唔噐 2014 定 11 埖唯峭。
現揮匯戻IMAGEEPOCH 恷朔匯錘将返蝕窟議嗄老 NINTENDO 3DSゞ佛高描勦┘好謄薀哀蹈Γ〃賓隆窟弁繍壓 6 埖 14 晩喇 SEGA 窟佩。

Imageepoch Have Begun Bankruptcy Procedures
While there still hasn¨t been any word on the disappearance of Imageepoch CEO Ryoei Mikage, it¨s been revealed that the company, alongside their affiliate company Smile Online Games, filed for bankruptcy earlier this month, according to a report from corporate research provider Teikoku Databank.
The report indicates that Imageepoch and Smile Online Games began bankruptcy procedures on May 7th at the Tokyo District Court. The case will be administrated by a lawyer named Tsuyoshi Nakano. The two companies will have until June 4th to report their credit, and are scheduled to have a property advisory meeting on July 30th at 10am JPT.
Since its founding as a development company in 2004, Imageepoch have produced titles such as Time and Eternity, 7th Dragon, Black Rock Shooter: The Game, and more. The developers boasted a 1.7 billion yen of profit, which was revealed during their annual income back in September 2011.
In two years, the company saw a significant drop in profits, as the annual income figure dropped down to 400 million yen by September 2013, largely due to problems regarding high development costs and sales not going as expected.
Without being able to make a recovery, Imageepoch have stopped a substantial amount of their activities. At the moment, Teikoku Databank reports that Imageepoch are in a debt of around 1.1 billion yen that is owed to about 43 different creditors. Meanwhile, affiliate company Smile Online Games is in debt of 3 million yen owed to five creditors. Together, they¨re in a debt of 1.103 billion yen between the two companies.
While this isn¨t a confirmation by any means, it¨s safe to assume that Imageepoch¨s vast debt has something to do with the company CEO Ryoei Mikage¨s sudden disappearance. You can read more about that in our earlier report.


































