Toho Co. has announced impressive financial results for the fiscal year ending February 2024, underscoring its continued upward trajectory in the entertainment sector. The company reported consolidated sales of 283.3 billion yen, marking a 16% increase from the previous year. This growth was accompanied by a significant rise in operating income, ordinary income, and net income, which surged by 32.0%, 31.8%, and 35.5%, respectively.
The film division was a standout performer, with sales climbing 22% to 192.8 billion yen and operating income up by 53.8% to 44.7 billion yen. Key contributors to this success included blockbuster releases such as “Godzilla-1.0,” “Haikyu the Movie: Battle at the Garbage Dump,” “SPY x FAMILY CODE: White,” and “Golden Kamuy.” Notably, “Godzilla-1.0” also marked Toho’s first venture into in-house distribution in North America, significantly bolstering its international revenue.
Parallel to its cinematic achievements, Toho’s anime business nearly doubled its sales to 46.3 billion yen, a 90.7% increase from the previous year, despite not reaching the high set by “Demon Slayer: Kimetsu no Yaiba: Mugen Train” in 2022. This segment has been established as a crucial pillar in Toho’s portfolio, generating substantial revenue comparable to its theater and real estate businesses.
The international market has played a pivotal role in this expansion, with overseas sales for anime reaching 15.8 billion yen, more than half of the total anime revenue and a significant jump from previous years. Distribution revenues doubled, and successful titles like “SPY x FAMILY,” “Jujutsu Kaisen,” and “My Hero Academia” have continued to attract global audiences.
Toho’s strategic focus on diversifying its entertainment offerings and expanding its global footprint has evidently paid off, positioning the company for sustained growth and leadership in the entertainment industry.
