Are you guy concerned about being undercut by Kadokawa's pla

[Vertical Inc]

Are you guy concerned about being undercut by Kadokawa's planned ComicWalker app? Is this going to affect your relationship with them in the future? And will it discourage you from licensing any titles that they include on the app?

At this time, not really. We really do not know too much about the service. However, I do wonder what this means for future licenses from us. As we are kind of in the dark, we do not know what licensing will be like or even if licenses will be available for titles on the app that are not in print in the US.
I hope we will continue to have a relationship with Kadokawa. They are a major licensor for us. Wolfsmund, Gundam the ORIGIN, My Neighbor Seki, Summer Wars all come from the Kadokawa Publishing group.