Tencent Holdings is in discussions about unwinding some of its minority investments in Japanese game studios, including Tokyo-listed Marvelous Inc., according to multiple reports. The talks, first described by Bloomberg, indicate Tencent is reassessing its global games portfolio after building stakes over several years. The discussions are reported to involve exits from “several” game studio investments in Japan, rather than a full divestment of all gaming interests. Bloomberg cites people familiar with the matter, who say Tencent is negotiating potential departures from these investments as part of a broader portfolio review. My Nintendo News similarly reports Tencent is considering offloading stakes such as its investment in Marvelous, citing Bloomberg’s reporting. The reports also link the review to Tencent’s shifting priorities, including greater focus on artificial intelligence amid competitive pressure in China’s technology sector. The companies involved and Tencent have not publicly detailed the scope, timing, or outcomes of the negotiations, and no agreement has been confirmed in the reports.