OFICIAL Rock Paper Shotgun

I'm sad that the Like A Dragon creator's new studio is closing, but I wish their now-cancelled debut Gang of Dragon wasn't just LAD again

What happened
Based on Rock Paper Shotgun · Nov 03, 2026

Nagoshi Studio, creators of the Like a Dragon series, has been dissolved after its funding was withdrawn, canceling its debut game Gang of Dragon.

I'm sad that the Like A Dragon creator's new studio is closing, but I wish their now-cancelled debut Gang of Dragon wasn't just LAD again
Rock Paper Shotgun — Rock Paper Shotgun
Key points
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Nagoshi Studio was dissolved after NetEase withdrew seven billion yen in funding due to ballooning costs.
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Gang of Dragon was announced at the Game Awards with Like a Dragon-style visuals and Ma Dong-seok in a lead role.
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NetEase’s decision to pull investments from non-Chinese companies led to the cancellation of Gang of Dragon and the studio’s closure.

Nagoshi Studio, known for the Like a Dragon franchise, has been shut down following a shareholders' resolution, less than a year after announcing its first game, Gang of Dragon. The studio was dissolved just four years after its creation, marking a premature end to its operations. Reports in March indicated that NetEase, the studio's primary funder, would withdraw its financial support in May due to escalating costs, which had reached around seven billion yen.

Gang of Dragon was unveiled at the Game Awards with a trailer showcasing Like a Dragon-style visuals, combat, and exploration set in Kabukicho. The game featured new elements such as gunplay and car chases, along with actor Ma Dong-seok in a prominent role. Despite these additions, the project was criticized for appearing to be a rehash of the Like a Dragon series, raising questions about creative freedom under NetEase's funding conditions.

The cancellation of Gang of Dragon follows NetEase's decision to pull investments from non-Chinese companies, leaving Nagoshi Studio without alternative funding sources. The studio's founder, the creator of the Like a Dragon series, had previously developed innovative entries like Judgment and Yakuza: Like a Dragon, which introduced new protagonists and turn-based gameplay. The closure leaves the future of Nagoshi and his team uncertain, though there is hope they may regroup under new circumstances.

The dissolution of Nagoshi Studio reflects broader industry challenges, where creative projects often face pressure to align with established franchises for financial viability. While the studio's fate is regrettable, the situation highlights the risks faced by developers reliant on external funding, particularly when investment priorities shift. The closure also underscores the difficulties in balancing artistic vision with commercial expectations in the gaming industry.

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