Mages

It was formed on April 6, 2005 after Chiyomaru Shikura left Scitron to begin the company as its executive director, a position he still holds. The company is divided into two parts, 5pb. Games for the manufacturing of video games, and 5pb. Records for the record label. It was a wholly owned subsidiary of the TYO Group until Shikura purchased the remaining rights from the TYO Group on April 15, 2009. Shikura co-owns 5pb. with AGOne, an affiliate of Dwango Japan. Staff members include scenario writer Naotaka Hayashi, artist Yukihiro Matsuo, and producer Tatsuya Matsuhara.

In April 2011, a group of companies consisting of Arkray, Seed Project, Dwango Creative School, Animelo Summer Life, 5pb. Records, and 5pb. Games merged under the parent company Mages. Inc. led by executive director Chiyomaru Shikura. In July 2019, Mages was acquired by Shikura's concept studio Chiyomaru Studio, with the goal of being more flexible and fast in its decisions as a company independent from their parent company Dwango and from the Kadokawa group. With that said, while Mages would no longer be a part of Kadokawa Group following the management buyout, it still expected to maintain the same favorable relationship with the Group that it had so far. Along with this buyout, the company intended to strengthen its branding by consolidating the 5pb. brand into Mages.

In March 2020, Colopl acquired Mages from Chiyomaru Studio for ¥1.612 billion (approximately US$14.92 million).