Toei Animation Reports Record Highs In 2nd Quarter Sales And Profits

Toei Animation revealed on October 25 its earnings for its present fiscal 12 months ending March 2022 by way of its second quarter.

The corporate reported internet gross sales as much as the second quarter have been 29,740 million yen, 21.6% larger than the earlier 12 months’s 24,455 million yen. It exceeds the file excessive of 29,010 million yen within the fiscal 12 months ended March 2020.

Toei Animation additionally reported an working earnings of 11,138 million yen (up 48.6%) and an peculiar earnings of 11,082 million yen (up 45%). The corporate’s internet earnings for the interval was 8,144 million yen (up 45.4%). All numbers symbolize file highs for the corporate.

Toei Animation cited its abroad enterprise and copyright enterprise., which has a high-profit margin as a number of the elements for its excessive performances. The abroad copyright enterprise is pushed by gross sales of commercialization rights for the “Dragon Ball” sequence, “One Piece”, and “Digimon Journey” sequence.

The progress fee by the second quarter has exceeded 58%; nonetheless, the supply of large-scale theater works, which have been scheduled to be recorded on this time period, will probably be delayed from the subsequent time period onward.

Supported by sturdy abroad enterprise, the ratio of abroad enterprise to gross sales is rising. Abroad enterprise gross sales within the second quarter have been 19,457 million yen, 65% improve of the entire, up from 59% in the identical interval of the earlier 12 months.

Of the abroad gross sales, 55%, or 10,872 million yen, comes from Asia, most of which comes from China. Moreover, it was 5,803 million yen in North America and a pair of,266 billion yen in Europe.

Toei reported that the planning and manufacturing of animation and video gross sales, elevated considerably to 11,783 million yen (up 24.0%) and working revenue was 4,613 million yen (up 78.9%).

The reason being that the variety of manufacturing titles has elevated to six corresponding to “Dragon Ball”, “Fairly Remedy”, “One Piece”, “Digimon Journey:”, “Oshiritantei”, and “Fushigi Dagashiya Sentendou”.

Dragon Ball topped Toei Animation’s home licensing gross sales for the quarter, with One Piece, Fairly Remedy, and Sailor Moon following.

Supply: Animation Enterprise Journal , Toei animation