It's wrong, it's pretty much impossible, which means it's a typo or a mistranslation. The google translated article made no sense at all, so that didn't help.
UTV Ignition Softworks had an operating loss of 75 million pounds from their gaming sector this year, the article screwed up, they mistranslated the info or they're taking the reported revenue loss and connecting it to El Shaddai because it's a new and upcoming release. It's a really shifty thing to do or they may be really stupid.
Ignition usually deal with extremely small and niche titles (Muramasa and Deadly Premontion are a couple of examples), I highly doubt they'd suddenly splurge more money than they've made on all their titles put together on a single game.
Also, just in case anyone's wondering, Ignition Entertainment isn't a Japanese company, they're a British company owned by an Indian communications company. Outside of the Final Fantasy games, no Japanese game cost any where near that much to develop this generation.
Bet with Conegamer and AussieGecko that the PS3 will have more exclusives in 2011 than the Wii or 360... or something.
