Publisher and developer Alchemist files for voluntary bankruptcy0 Comments
The Japanese publisher and developer Alchemist has filed for bankruptcy, according to a report by 4Gamer. The company was perhaps best known for Gal*Gun, a rail-shooter which had you running around shooting high-school girls with a pheromone gun so they would stop trying to violently profess their love for you. I've never actually got a chance to play Gal*Gun, but I've heard if you can stomach the over-the-top fan service, it's a pretty entertaining rail-shooter.
Alchemist filed for voluntary bankruptcy at the Sapporo District Court on April 1, which is the first day of the 2016-17 fiscal year. The company was founded in 1991, and has been developing games since 2002 for the Sega Dreamcast. They specialized in developing ports of visual novel games for home consoles, and they published dozens of games during their lifetime, mostly for Sony systems.
Not much else is known about the decision, but a company typically files for voluntary bankruptcy when they are not able to pay their debts and want to ensure a equitable settlement of their obligations before they dissolve.
Gal*Gun received a sequel in Japan titled Gal*Gun: Double Peace just last year, which was supposed to be localized internationally this year, but it's doubtful that will be happening now. Stay tuned for any updates on Alchemist.
Higurashi Kizuna/Gal Gun Game Publisher Alchemist Files for Bankruptcy, Anime News Network