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Broccoli Announces 3rd Annual Loss, New President

Broccoli, a producer and retailer of anime- and game-related character goods, announced a net loss of 288 million yen (about US$3.1 million) for the fiscal year which ended on February 28, 2010. This is the third consecutive fiscal year in which Broccoli has reported a net loss, although the previous fiscal year's loss was substantially higher at 743 million yen (US$8.1 million).

Broccoli also announced on Wednesday that its president, Yōji Ueda, is stepping down. Tomoharu Morita, the current head of Broccoli's 2nd Entertainment Division, will succeed Ueda as president on May 28. After graduating from Waseda University in 1974, Morita joined CBS Sony (now known as Sony Music Entertainment). He joined Broccoli in March of 2008.

Source: animeanime.biz