Studio Ghibli has reported a remarkable 43% increase in net profit for the fiscal year ending March 2024, with profits reaching 4.907 billion yen, up from 3.43 billion yen in the previous fiscal year. This financial upturn was disclosed in the company’s “Financial Results Announcement” published in the Official Gazette on July 19th.
Known for its acclaimed animated feature films, Studio Ghibli’s core business continues to thrive. The significant profit increase is attributed not only to the studio’s successful film productions but also to strategic corporate developments. In October of the previous year, Nippon Television acquired 470 shares, equivalent to 42.3% of the voting rights, from various individual shareholders, effectively making Studio Ghibli a subsidiary.
This acquisition by Nippon Television has strengthened Studio Ghibli’s financial standing and provided additional resources to support its creative endeavors. The boost in net profit reflects both the studio’s enduring popularity and the benefits of its integration into the Nippon Television group.
As Studio Ghibli continues to produce beloved animated works, the company is poised for further growth, leveraging its enhanced financial position and the strategic support of its parent company. The fiscal results for 2024 underscore the studio’s robust performance and its significant role in the global animation industry.
