News Anime Studios Forecast Profit Drops
posted on 2007-06-14 16:28 EDT
A survey of major anime studios conducted by the Japanese newspaper Nikkei has found that a general slowdown in DVD sales is resulting to lower profit forecasts for several of them. Toei Animation is predicting a drop in profits of as much as 28% to 2.7 billion yen (about US$22 million). Bandai Visual says its profits will drop about 3%, to 4.8 billion yen (US$40 billion), although this is attributed primarily to decreasing music sales.
On the other hand, GDH, the parent corporation of the production company Gonzo, is expecting an increase in profits, but that will be driven by cost cuts, not DVD sales. TMS Entertainment, the producer of Detective Conan and The Super Dimension Century Orguss, is forecasting that its 2007 profits will be driven by the success of the AG Square chain of arcades. Source: Variety
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