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Anime News

Broccoli: Liabilities To Exceed Assets
Date: 10/6/2005
Japanese character company Broccoli is expected to see it's financial liabilities to exceed assets of about 300 million Yen by the end of the current term. It was announced the company has changed it's earnings performance forecast on October 5 for the period stretching through February, 2006. Reasons cited include retail sales dropping off and a shortening of the product life cycle among it's existing properties. A new card game from the company was expected increase earnings and performed well when first released although sales were said to have dropped off.
Source: Anime News Service