Telenet Japan Co., Ltd. (株式会社日本テレネット, Kabushiki-gaisha Nihon Terenetto?) was a Japanese video game and software developer founded in October 1983 by Kazuyuki Fukushima. The company was also known as Nippon Telenet (or Nihon Telenet). The company was best known for the Valis series as well as its Wolfteam & RiOT divisions ( the former of which created Tales of Phantasia, the first game in the Tales series). The company's North American subsidiary, Renovation Products was eventually acquired by Sega. The company closed its doors on October 25, 2007.