Japanese Co. cancels film over fund shortage
TOKYO — Toei has cancelled the Jan. 17 release of “Fukemon,” starring Masatoshi Nakamura as a handyman, because cash-strapped production company J&E Intl. failed to finish the film.
Toei will bow “Go’onjya” to fill the hole in its key New Year’s holiday release period.
J&E’s troubles reportedly stem from the illness of a main investor in the pic.
The company fell into financial difficulties and delayed payment of funds to be used for post production, including the opening titles and credit crawl. Crew and cast members, including thesps Yuko Asano, Sho Aikawa and Nakamura, have not yet been paid in full, according to media reports.
Toei has cancelled its distribution contract with J&E and the fate of the pic is now uncertain.