Japanese publisher Square Enix has denied reports that it is up for sale.

In a statement on its investor relations page, the company said that Bloomberg Japan's story claiming that it was being eyed up for acquisition by a number of outfits was incorrect. The outlet cited bankers "familiar with the matter."

Square Enix has come out and said that not only is it not for sale; the company has not received any acquisition offers.

"However, this report is not based on any announcement by Square Enix Holdings Ltd," the firm wrote.

"We do not consider selling off the company or any part of its businesses, nor have we received any offer from any third party to acquire the company or any part of its businesses."

This comes at a time of huge M&A activity. Earlier this year, Microsoft was given the nod to acquire Bethesda parent company ZeniMax Media for a whopping $7.5 billion, while European giant Embracer snapped up Borderlands maker Gearbox in a deal worth $1.3 billion.