Firm considers gathering ‘world’s greatest creators’; gross sales, income attain file highs
Media firm Kadokawa Company introduced on Friday its medium-range administration coverage and targets till March 2023, as a part of its presentation for the fiscal 12 months ending on March 31. One in every of Kadokawa‘s six targets is strengthening its animation enterprise.
To attain this aim, the corporate goals to strengthen its manufacturing system in order that it could produce 40 new animation titles a 12 months by 2023, a rise of 20 % from 33 titles. The Animation Enterprise Journal web site certified that Kadokawa already invested in 40 animation titles within the fiscal 12 months that simply ended — 31 tv sequence, 5 theatrical movies, and 4 authentic video animation or occasion animation initiatives.
To hit its goal, Kadokawa is contemplating establishing a “world-class 3DCG manufacturing studio gathering the world’s greatest creators.” Kadokawa didn’t specify that its aim of 40 animation titles contains solely anime produced in Japan or concentrating on Japan.
The opposite goals that Kadokawa will implement to strengthen its animation enterprise are increasing license income, additional increasing gross sales of anime-related video games, and strengthening efforts with its allies CyberAgent and Sony.
Kadokawa‘s different targets for this fiscal 12 months embody increasing IP, accelerating digital expertise for enterprise, globally increasing its e-books market, launching large-scale titles within the video games enterprise, and aiming to be a number one firm in academic expertise.
Kadokawa revealed that its web gross sales for the fiscal 12 months ending March 2021 have been 209.947 billion yen (about US$1.9 billion), a 2.6% enhance from the earlier 12 months, and its working revenue was 13.625 billion yen (about US$125 million), a 68.5% enhance. The numbers for web gross sales and working revenue are each record-high numbers for the corporate.
Kadokawa Company introduced final Wednesday that it had acquired the U.S. gentle novel and manga publishing firm J-Novel Membership. Kadokawa intends to strengthen its e-book enterprise and drive additional enlargement of its gentle novel enterprise within the English market by way of this acquisition and the reinforcement of J-Novel Membership‘s collaboration with its BookWalker International on-line manga and light-weight novel service and GeeXPlus, BookWalker‘s web influencer expertise company subsidiary. The corporate plans to implement J-Novel Membership‘s “Digital First” technique, releasing extra new titles first digitally whereas complementing and contributing to Yen Press, which Kadokawa additionally owns collectively with Hachette E-book Group.
Kadokawa reorganized its company construction final October. The corporate changed its earlier six departments with 13 completely different teams, every of which has a “chief officer” government bearing the title of their respective group. Kadokawa famous that the restructuring would enable the corporate to realize a extra flat and horizontal company construction.
Earlier this 12 months, Kadokawa fashioned a capital alliance with CyberAgent, Inc. and Sony to strengthen its sport and animation companies. The corporate’s targets are to strengthen the International Media Combine Technique to increase Kadokawa‘s IPs worldwide, and to cooperate with CyberAgent and Sony for “mutual exploitation of one another’s enterprise, experience, and different strengths.” Kadokawa will problem CyberAgent and Sony 1,422,475 shares every, which can give every firm 1.93% possession.