Separating the Animation, Overseas, and Licensing Businesses into Independent Companies

「To develop the best growth strategy in response to the rapidly changing market environment, we established three operating companies—ABC Animation, ABC International and ABC Rights Business—for the animation, overseas and licensing and merchandising businesses, respectively, along with ABC Frontier Holdings as an intermediate holding company to manage the three companies, support their growth and develop new businesses. The four-company Frontier HD Group began operations in July, with consolidated revenue of approximately ¥910 million tracking in line with the initial forecast and making a solid start.」

「We also established independent operating companies responsible for the core businesses of our content operations—animation, overseas operations, and licensing and merchandising—to create a structure capable of responding quickly to an era of rapid change.」