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Kadokawa Discusses Creating 'World-Class' CG Studio to Help Make 40 Animation Works a Year

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Kadokawa Discusses Creating World-Class CG Studio to Help Make 40 Animation Works a Year
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Company considers gathering world s best creators ; sales, profits reach record highs
Media company
Kadokawa Corporation announced on Friday its medium-range management policy and goals until March 2023, as part of its presentation for the fiscal year ending on March 31. One of
Kadokawa s six goals is strengthening its animation business.
To achieve this goal, the company aims to strengthen its production system so that it can produce 40 new animation titles a year by 2023, an increase of 20 percent from 33 titles. The Animation Business Journal website qualified that ....

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Japan's Box Office Dropped 45% in 2020, With Demon Slayer Accounting for 1/4 of Total

The Motion Picture Producers Association of Japan (MPPA) announced the 2020 National Film Overview, a summary of Japan s box office from last year, on Wednesday.
The number of movie theater attendees in 2020 was 106.137 million, which is down 45.5% from 2019. Box office revenue was 143.285 billion yen (about US$1.4 billion), which is down 45.1% from 2019. The data reflects the effects of restricted seating and movie theater closures.
The box office revenues for overseas films in Japan was 34.009 billion yen (about US$327 million), a decrease of 71.4% from 2019. Japanese movies revenues decreased by 23.1% from 2019 to 109.276 billion yen (about US$1 billion). The ratio of Japanese movie revenues to the total rose from 54.4% in 2019 to 76.3% in 2020. ....

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