Fear and uncertainty surround Shin Megami Tensei and Dragon's Crown publisher Atlus since it was revealed that parent company Index Corporation was in dire financial straits as a result of incurring heavy losses over the past few years. Following a fraud investigation over cooking their books, Index was confirmed to have been sitting on debt of some 2.45 billion yen ($24.4 million USD) and the company late last month announced it would be filing for "civil rehabilitation", a procedure which has been described as the Japanese equivalent of filing for bankruptcy.
The rehabiliation as you can guess involves having a court-appointed supervisor oversee a plan to try and remedy as much of the situation as possible, often through measures like restructuring. Bloomberg Japan writes that Index will begin selling off its subsidiary operations as soon as possible ahead of early September, by which time the company hopes to scrape up some 15 billion yen ($149 million USD) in revenue before its operations get devalued.
Index is already scheduled to be delisted from the JASDAC this July 28th, and both the company chairperson and CEO are expected to resign from their positions the day before.
As one of those operations under the Index umbrella since 2010, this development could potentially put Atlus up for bidding. For its part, Atlus is maintaining that development and distribution of its titles will continue as normal, and its release schedule has not been impacted as a result of these proceedings.