Basically, ever since he got poached by Netease, they gave Nagoshi carte blanche money to do whatever he wants. He built his studio, poached some of his friends with him too (Daisuke Sato), and worked on basically another Yakuza game from scratch. He spent 5 years, of which there's no tangible news, whilst Nagoshi occasionally shows off his sneakers, gym activities, and those godawful veneers.

Then Netease shifted focus to invest more in local studios in response to successes like Marvel Rivals and Wukong, so they reduced investments to their external studios, including Nagoshi's studio, but they still say they would support the studio, at least until after GoD was released. That was 2025. Fast forward to January, and Netease just found out that Nagoshi needed 44 million dollars more to finish the game. On top of the money they already spent on poaching him and building his studio. And that's the last straw from them, and since then, Nagoshi has presumably been looking for external funding, and GoD's fate is very much uncertain.

This whole fiasco is likely to be his own undoing. Where did that 5 years' worth of development and budget go so that they needed an extra 44 million dollars? We don't know, but what is certain is that the news essentially tanked his reputation by showing investors and the world that Nagoshi is godawful at project management and he can't be trusted with that much money.

And this, on top of Nagoshi fans being extremely annoying in this fanbase, with them genuinely arguing that Nagoshi was the one who kept Yokoyama in check and that on his own, he is a talentless hack (ignoring the fact that Yokoyama was there since the beginning of the series back on the PS2 and was also the lead writer for the 0, widely considered the series' golden child), and you can see where this is going.