Gonzo Reports 597 Million Yen Loss as of December
posted on by Rafael Antonio Pineda
Animation studio GONZO revealed the financial report for the year ending in December 2018 on Monday. The company reported sales of 1.527 billion yen (about US$13.70 million), an operating loss of 399 million yen (about US$3.58 million), an ordinary loss of 433 million yen (about US$3.88 million), and a total loss of 597 million yen (about US$5.35 million). The company reported an insolvency of 3.401 billion yen (about US$30.5 million) for the year.
In last year's report (for 2017), the company reported sales of 884 million yen (about US$7.93 million), an operating profit of 83 million yen (about US$745,000), an ordinary profit of 36 million yen (about US$323,100), and a total profit of 216 million yen (about US$1.93 million). However, in the previous year, the company switched from releasing its financial report in March to December, so last year's report only covered March-December 2017.
Former Gainax members founded the anime studio GONZO in 1992. The company merged with Shinichiro Ishikawa's Digimation company in 2000 and a new parent company, GDH (which stands for Gonzo Digimation Holdings), was formed. GDH absorbed GONZO in 2008 and adopted the name GONZO for itself. The Tokyo Stock Exchange listed GONZO in 2004, but it delisted the company in 2009. The company was restructured through investment funds, and Asatsu-DK acquired and made GONZO a consolidated subsidiary in 2016.
Former representative director and vice president Ryōichi Katsumura became representative director and president of GONZO last September.