Toshihiro Nagoshi, creator of the Yakuza series, saw his studio close less than a year after announcing its first title. Nagoshi Studio officially dissolved on October 31, as announced in Japan's official gazette Kanpo following a shareholders meeting. The studio was developing Gang of Dragon, an organized crime game set in Tokyo's Kabukicho district with protagonist Shin Ji-Seong.
Despite a revealed trailer in December 2025, funding collapsed when Net Ease withdrew support. The game reportedly needed over $44 million to complete. With the studio now liquidating assets and resolving liabilities, Gang of Dragon remains in development limbo.
The Steam store page remains live but a release seems unlikely soon.
Source: Engadget · Summarized by HeadlinesBriefing