KADOKAWA Corporation announced on Nov 7, 2024, that its anime and live-action video business achieved significant growth in the second quarter of fiscal year 2024, with revenue soaring 26.7% year-on-year to 14.406 billion yen.
Operating profit also saw a substantial increase, rising 68.5% to 1.697 billion yen, reaching record-breaking levels for the companyβs entertainment sector.
The growth was propelled by strong demand for popular anime series, both in Japan and overseas, with licensing income from streaming platforms, games, and merchandise providing a significant boost.
Key drivers in the quarter included Oshi no Ko Season 2, Alya Sometimes Hides Her Feelings in Russian, also known as Roshidere, and the theatrical release of Overlord: Holy Kingdom Arc.
KADOKAWA also saw positive results in its live-action segment, with licensing income from recent theatrical releases for streaming platforms adding to the companyβs earnings.
In the second half of the fiscal year, KADOKAWA plans to roll out new seasons of fan-favorite anime series, including Re:Zeroβ Starting Life in Another World and My Happy Marriage.
However, the company expects a slight reduction in the total number of anime titles released.
KADOKAWA also revealed the top-performing anime/live-action titles for the interim period. Check them out below:
Oshi no Ko took the number one spot, with anime-related earnings alone totaling 4 billion yen. In second place was Dungeon Meshi, which saw combined anime and book sales revenue approach 3 billion yen.
Top 10:
1)Oshi no Ko
2) Dungeon Meshi
3) KonoSuba: Godβs Blessing on This Wonderful World!
4) Overlord
5) Alya Sometimes Hides Her Feelings in Russian
6) Unnamed Memory
7) The Eminence In Shadow
8) Re:Zero-Starting Life in Another World
9) Godsβ Game We Play
10) Bungo Stray Dogs
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