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TBS Anime Unit Swings to Loss Despite Revenue Jump on Production Spending

Revenue more than doubled as company invested heavily in new shows
Japan
t 9401.TSE Anime 20 Mid and Small Cap 2000 Consumer 250 Entertainment 100
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TBS Holdings’ anime division swung to a loss in the six months through September as escalating production costs for new titles offset a surge in revenue driven by the theatrical release of “Tabekko Dobutsu THE MOVIE.”

The unit recorded a gross loss of ¥442 million ($2.9 million) compared with a ¥73 million profit a year earlier, according to the broadcaster’s interim results. Revenue climbed 107% to ¥1.63 billion as the animal biscuit-themed film drew audiences following its May debut.

TBS attributed the red ink to increased spending on original anime content, characterizing the investments as necessary groundwork for future projects. The company’s explanation suggests the losses stem from upfront development costs rather than operational difficulties.

The results highlight the financial strain facing Japanese broadcasters as they compete for viewers in an increasingly crowded anime market. Production budgets have climbed steadily as studios chase higher-quality animation and compete with streaming platforms for talent and projects.

TBS Television operates as a subsidiary of TBS Holdings, which also owns radio and real estate businesses. The Tokyo-based media company has been expanding its content production capabilities to generate revenue beyond traditional advertising.

The “Tabekko Dobutsu” film, based on a butter biscuit brand sold since 1978, represents the broadcaster’s push into character-driven entertainment aimed at family audiences.

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