It was founded in 1992 by former Video System staff who worked on the Aero Fighters series.

[2] Shortly afterwards, X-Nauts stated this news was wrong.

[3] Games would continue to be released under the Psikyo label, but would be outsourced to other teams.

In 2007, Psikyo programming veteran Keiyuki Haragami started a company called Zerodiv to handle distribution of Psikyo's catalog.

In March 2019, Zerodiv was acquired by City Connection.