Dream Factory Co., Ltd. is a Japanese video game developer founded in 1995, based out of Tokyo. They are best known for developing fighting and beat 'em up games, such as the Tobal No. 1 fighting game series and the high-profile PlayStation 2 launch title The Bouncer, both developed under Square Co. The company's chairman, Seiichi Ishii, is an industry veteran who served as an early designer and director for two fighting game franchises: Virtua Fighter (published by Sega) and Tekken (published by Namco).

In 2003 they formed a partnership with Microsoft to develop "Kakuto Chojin: Back Alley Brutal" under the name of Dream Publishing. After the game did not meet their sales expectations, the original name of DreamFactory returned as their mainstay brand.

Despite a lack of relevant activity the past decade, it is still not officially deemed as defunct. In August 2015, Seiichi Ishii announced after delivering a mobile game for Bandai Namco (Xevious ガンプの謎はすべて解けた!?) that he is currently the only employee working for the company. He now enjoys the pace of making small projects rather than high budget blockbusters.