KADOKAWA's profits crater despite Re:Zero hits.
Published: 2026-08-15T01:48:34.075Z
KADOKAWA's Q1 net sales rose 5.3% to 68,252 million yen, but operating profit plunged 45.5% to 1,264 million yen. Animation/Film sales grew on hits like Re:Zero and Classroom of the Elite, yet profits
Why it matters: Production cost inflation is squeezing margins at a top anime publisher, licensing fees and risk-sharing terms are up for renegotiation.
Source: https://ssl4.eir-parts.net/doc/9468/ir_material_for_fiscal_ym13/210563/00.pdf
From AnimeSignal, the anime business intelligence brief.