WIT Studio anime business profile: Attack on Titan studio inside IG Port
WIT Studio is one of the most visible anime studios in the world, but because it sits inside IG Port, studio-level revenue and profit are not publicly disclosed.
Published: 2026-08-19. Updated: 2026-08-19.
Short answer: WIT STUDIO, Inc. is a Japanese animation studio founded on June 1, 2012, headquartered in Musashino, Tokyo, with capital of JPY 30 million and George Wada as president. It is a group company of listed holding company IG Port and does not publish standalone financial statements. The studio is known for Attack on Titan seasons 1-3, Spy x Family, and the upcoming Netflix series THE ONE PIECE. The only studio-level financial signal on record is management's statement that WIT posted a loss in the fiscal year ended May 2025 and was expected to return to profitability in fiscal 2026.
What WIT Studio is and who owns it
WIT STUDIO, Inc. was established on June 1, 2012, in the Kichijoji area of Musashino, Tokyo, as an animation planning and production company. Its official company overview lists capital of JPY 30 million and George Wada as president and representative director. Wada also serves as president of sister studio Production I.G.
Ownership runs through IG Port. Production I.G's corporate profile lists WIT STUDIO as a group company alongside manga publisher Mag Garden and the US entity Production I.G, LLC. WIT is not separately listed and files no public financial statements of its own.
The works that built the studio
WIT's breakout was Attack on Titan: Netflix's own announcement for THE ONE PIECE describes WIT as the studio behind Spy x Family and seasons 1 through 3 of Attack on Titan. The studio's catalog has since expanded across television, streaming, film, game, and commercial work, and its works list shows a steady slate of new projects.
The studio's next marquee project is THE ONE PIECE, a new anime adaptation of Eiichiro Oda's manga produced in collaboration with Shueisha, Fuji Television Network, and Toei Animation. Netflix says the series premieres in February 2027, only on Netflix, with season one covering the East Blue Saga in seven episodes. IG Port's fiscal 2026 filing states that deliveries for THE ONE PIECE have already begun.
Why WIT's financials are not public
Because WIT is an unlisted subsidiary, its revenue and profit appear only inside IG Port's consolidated Video Production segment, which combines WIT and Production I.G. That segment recorded JPY 8,105 million in revenue and a JPY 1,341 million operating loss in the fiscal year ended May 2026, but the filing does not break out how much belongs to each studio.
The one studio-level disclosure on record came at IG Port's August 2025 shareholders meeting. Management said WIT STUDIO posted a loss in the fiscal year ended May 2025, attributing it to upfront investment in new production areas such as the Netflix stop-motion series My Melody & Kuromi, and said the studio was expected to return to profitability in fiscal 2026. Whether that target was met is not disclosed in IG Port's public segment data.
Where public evidence stops: No audited WIT STUDIO standalone revenue, profit, or balance-sheet figures are public. IG Port's Video Production segment is the narrowest verified proxy, and it mixes at least two studios. Third-party databases that quote WIT revenue figures are estimates without a disclosed basis.
How WIT makes money
WIT's official profile describes its business simply as the planning and production of animation. In practice that means production fees for commissioned series and films, plus participation in projects where the group holds rights. Parent IG Port's Copyrights segment collects royalties and secondary-use income from titles including Attack on Titan and SPY x FAMILY, works WIT animated, so the studio's output feeds the group's rights income even when the studio itself does not book the royalties directly.
The group has also built consumer-facing businesses around WIT's work, including the WIT STORE section of the IG Port online store and the I.G & WIT Anime Studio Store in Shanghai, which IG Port's fiscal 2026 filing names as a merchandise wholesale channel.
Strategy and where WIT fits in anime
WIT's strategy has shifted from prestige television hits toward global streaming projects with the group more deeply invested in rights. THE ONE PIECE is the clearest example: a worldwide Netflix release, co-produced with the manga publisher, broadcaster, and original anime studio, with deliveries underway two years after the project's announcement.
The June 2025 capital and business alliance between IG Port and Sanrio points the same direction, pairing WIT's production capacity with Sanrio's character business. The risk profile remains that of a studio business: heavy upfront investment, multi-year production timelines, and profits that depend on whether the group holds rights in the hits it animates.
Frequently asked questions
Is WIT Studio owned by IG Port?
Yes. WIT STUDIO is a group company of IG Port, listed as such on Production I.G's official corporate profile. IG Port is listed on the Tokyo Stock Exchange under code 3791.
What is WIT Studio's revenue?
WIT does not disclose standalone financials. The narrowest public proxy is IG Port's Video Production segment, which combines WIT and Production I.G and posted JPY 8,105 million in revenue in the fiscal year ended May 2026.
Did WIT Studio make a profit?
Management told shareholders in August 2025 that WIT posted a loss in the fiscal year ended May 2025 due to upfront investment in new production areas, and said it expected a return to profitability in fiscal 2026. Public filings do not confirm the outcome at studio level.
What is WIT Studio working on next?
The headline project is THE ONE PIECE, a new anime adaptation of the manga produced with Shueisha, Fuji TV, and Toei Animation, premiering on Netflix in February 2027. IG Port's fiscal 2026 filing says deliveries have begun.
Sources and methodology
- About (company overview), WIT STUDIO. Official profile: founding date of June 1, 2012, capital of JPY 30 million, president George Wada, Musashino address, and business description.
- THE ONE PIECE: Everything to Know About the Upcoming Anime Series, Netflix Tudum. June 24, 2026: confirms WIT Studio production, collaboration with Shueisha, Fuji TV, and Toei Animation, February 2027 Netflix-only premiere, and seven-episode first season.
- IG Port Annual General Meeting notes, Hibiki Path Advisors. August 2025 AGM report: WIT's fiscal 2025 loss, its causes, expected fiscal 2026 recovery, and the Sanrio capital and business alliance.
- IG Port consolidated financial results, fiscal year ended May 2026, IG Port, via Tokyo Stock Exchange disclosure hosted by Kabutan. Primary filing released July 15, 2026: combined Video Production segment figures, THE ONE PIECE delivery status, and Copyrights segment titles including Attack on Titan and SPY x FAMILY.