You will be redirected back to your article in seconds

‘Shin Godzilla,’ ‘Your Name’ to Give Toho Profits Boost

TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million).

This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017.

The two big reasons for the revision are Makoto Shinkai’s hit animation “Your Name,” which recently passed the JPY15 billion ($148 million) milestone on the 52nd day since its Aug. 31 release, and the Toho-produced “Shin Godzilla,” which is expected to end its run with $72 million.

Toho managing director Toshiyuki Urai told reporters: “We could have never predicted from Shinkai’s past work how big ‘Your Name’ would become.”

More Biz

  • Disney-Fox Deal Casts Future of Fox

    Disney-Fox Deal Casts Future of Fox Studio Lot Into Doubt

    TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million). This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017. The two big reasons for the revision […]

  • Morgan Spurlock Sexual Misconduct

    Morgan Spurlock Steps Down From Production Company After Admitting to Sexual Misconduct

    TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million). This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017. The two big reasons for the revision […]

  • Consumer Watchdog Group Warns Against Disney-Fox

    Consumer Watchdog, Anti-Trust Experts Warn of Higher Prices From Disney-Fox Merger

    TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million). This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017. The two big reasons for the revision […]

  • Verve

    Verve Continues to Show Dominance in Spec Market Following Blacklist, Hitlist Unveilings

    TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million). This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017. The two big reasons for the revision […]

  • Sony's Tony Vinciquerra: Disney-Fox 'Creates Opportunities'

    Sony's Tony Vinciquerra: Disney-Fox 'Creates Opportunities'

    TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million). This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017. The two big reasons for the revision […]

  • What Disney Bought in the Fox

    What Disney Bought: A Billion-Dollar Breakdown of Assets

    TOKYO – Japan’s leading film distributor and exhibitor Toho has announced a revised forecast for fiscal 2016 that predicts a 28% jump in year-on-year profit, to JPY33 billion ($318 million). This reverses an earlier forecast for a 14% profit drop. Toho’s 2016 fiscal year ends in February 2017. The two big reasons for the revision […]

More From Our Brands

Access exclusive content