Bandai Namco plans to dissolve and liquidate Reflector Entertainment, the Montreal studio behind Unknown 9: Awakening. The decision ends the developer’s operations, although a date for completing the liquidation has not been set.
Gematsu reported the announcement on November 10. Bandai Namco says it reached the decision after considering future business plans, the additional investment required and the prospects for profitability and continuing operations.
No Closure Timetable Yet
The company expects liquidation to finish once the procedures required under local law are complete. That leaves the formal timetable open; the announcement should not be read as confirmation that every part of the closure has already happened.
Bandai Namco expects an exceptional loss of approximately €21 million connected with the decision, beginning in its financial reporting for the third quarter of the fiscal year ending March 2027. The estimate concerns the liquidation and does not establish a final cost.
The End of Reflector’s Bandai Namco Chapter
Reflector joined Bandai Namco’s group in 2020 and released Unknown 9: Awakening in October 2024. The studio subsequently went through layoffs and cancelled an early-stage project.
The closure brings that chapter to an end. The announcement sets out the corporate decision and financial impact, but the available reporting does not establish a final number of affected jobs or a firm last day of operations.
