News GDH to Absorb Its Gonzo Subsidiary, Adopt Gonzo's Name
posted on 2009-02-18 21:20 EST
The anime and online gaming company GDH has announced on Wednesday that it will absorb its wholly owned Gonzo anime production subsidiary and assume the Gonzo trade name for itself. Starting on April 1 (the first day of the fiscal year for most Japanese companies), Gonzo's business operations will be consolidated with those of its current parent company. The offices of what is now known as GDH will move from its current Shinjuku location in central Tokyo to western Tokyo's Nerima ward, where Gonzo is headquartered. The consolidation is intended to reduce redundancies in business operations, cut costs, and make the restructured company's management more efficient.
Gonzo was established in 1992 when anime producer Shouji Murahama left Gainax to start his own company. It merged with Shinichiro Ishikawa's Digimation company in 2000 and a new parent company was formed, GDH (which stands for Gonzo Digimation Holdings). The consolidation announcement comes a week after the Nihon Keizai Shimbun paper reported that GDH is restructuring its anime production operations, although GDH's official website posted no announcement corroborating this report.
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