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Treasure Co., Ltd. (株式会社トレジャー) is a Japanese video game developer, best known for classic-style action games that employ innovative gameplay systems, and for being the first company to become a Sega second-party developer.


Treasure was founded by a group of former Konami developers led by Masato Maegawa. The company's greatest commercial successes have been games such as Wario World and Mischief Makers, but they are better known for their critical successes, which include many games release on Sega platforms, including Gunstar Heroes, Dynamite Headdy, Alien Soldier, Guardian Heroes, Radiant Silvergun, Bangai-O, and Ikaruga. They debuted on the Sega Mega Drive with the classic Gunstar Heroes (although McDonald's Treasure Land Adventure, also for that console, was developed first).

Treasure is a small, privately held company, headed by CEO Masato Maegawa and consisting of about 30-40 members, though this number is somewhat misleading because they also employ independent contractors to assist development, and sometimes partner with other companies such as Sega, Nintendo and G.rev. Because of their small size and independence, they generally depend on outside partnerships to finance development. As a result, they have worked on many titles based on licenses, and partnered with companies like Sega, Enix and Nintendo to produce original properties. They have produced a handful of games completely or nearly independently, most notably the arcade shooters Radiant Silvergun and Ikaruga. Sega Logistics Service announced that on March 31, 2017, it would end maintenance on Radiant Silvergun.[1][2]



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