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Anime News

Toei Announces 43% Decrease in Profits
Date: 1/26/2005
Toei animation's consolidated pretax profit for the period between April and December 2004 has been announced to be down 43% compared to the corresponding number for the previous year. Popularity of Toei's animation in the North American region was reportedly sluggish by the North America region, and overseas sales with high profit margins has fallen short. Sales of the image related works are reportedly down 20%. It was not possible to supplement the popularity of Dragonball of which past sales have been remarkable. Toei mentions One Piece debuted stateside in September. In Japan, although theatrical and TV works increased in number, DVD titles have decreased. Toei's copyright related business sales saw a 11% decrease. Royalties from overseas copyright sales reportedly decreased. Sales of related business to Toei saw a 42% increase.
Source: Anime News Service