Kadokawa's animation arm stumbles as gaming cools off.
Published: 2026-08-27T03:45:38.625Z
Kadokawa's first-quarter earnings hit a split: publishing profits climbed as reforms took hold, but animation dragged with rising costs, and gaming slumped post-Elden Ring Nightreign. The company also
Why it matters: Watch how Kadokawa balances its publishing wins against animation's rising costs, gaming's slump could linger.
Source: https://ssl4.eir-parts.net/doc/9468/ir_material_for_fiscal_ym13/211145/00.pdf
From AnimeSignal, the anime business intelligence brief.