Well, no one saw this one coming. According to Kotaku, at 1pm Japan Time today, Square Enix will be outlining its plans for a friendly takeover Tecmo, which is having some trouble at this time. The Square Enix takeover should help the company gain a stronger foothold in the U.S. market with popular Tecmo titles like the Ninja Gaiden and Dead or Alive. This can also help Square Enix with their heavily dependent on RPGs.

This isn’t the first time Square Enix has moved in on a beleaguered company. In August 2005, Square Enix acquired Taito and wholly owned the company as a subsidiary by September 2005.