You will be redirected back to your article in seconds

Slowing disc sales hit Japan toons

Toei Animation foresees 28% drop in profit

TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales.

Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey by the Nikkei newspaper. Toei blames softening sales of high-profit-margin DVDs for the slump.

Another major player, Bandai Visual, expects pretax profit to edge down 3% to $39.7 million, though it blames the drop on slower music sales. Bandai is responsible, as producer and distrib, for a huge number of anime titles, including the “Gundam,” “Macross” and “Cardcaptor Sakura” series.

On the brighter side, TMS Entertainment, whose pics include entries in the hit “Detective Conan” series, foresees a 19% gain in pretax profit, to $15.7 million, though the gains will come from its AG Square arcade facilities rather than its toon titles, whose sales have been flat.

Also expecting to see better results this year is GDH, whose Gonzo production house had a theatrical hit last year with the fantasy “Brave Story.” The improvements will come from cost cuts, not toon royalty sales, which remain in a slump.

More Digital

  • soundcloud-logo

    Twitter's Annual Report Reveals That Its $70 Million SoundCloud Investment Was a Bust

    TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales. Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey […]

  • Independent Filmmaker Project

    Independent Filmmaker Project Will Expand Into Podcasts and Audio Storytelling

    TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales. Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey […]

  • Ghostbusters World

    Google Launches ARCore, Teases 'Ghostbusters' Augmented Reality Game

    TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales. Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey […]

  • Daniela Vega A Fantastic Woman

    Rakuten TV Picks Up Oscar Contender ‘A Fantastic Woman,’ Sets Day and Date U.K. Release

    TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales. Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey […]

  • AUGGIE (Jacob Tremblay) and JACK WILL

    Lionsgate's 'Wonder' Tops DVD, Blu-ray Disc Sales and Rental Charts

    TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales. Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey […]

  • NRA TV

    Amazon Targeted in Calls to Drop NRA TV App, Which Is Also on Apple TV, Roku

    TOKYO — A survey of Japanese toon houses found a cloudy profit picture for this year amid generally slowing DVD sales. Leader Toei Animation, responsible for the iconic “Dragonball,” “Sailor Moon” and “Digimon” series, foresees a 28% drop in pretax profit to ¥2.7 billion ($22.3 million) for the current fiscal year, according to the survey […]

More From Our Brands

Access exclusive content