Today, GKIDS has announced that Toho International has acquired 100% of the company. This follows years of partnership between the two companies, with Toho’s “TOHO VISION 2032 TOHO Group Management Corporate Strategy” stated as a driver behind this initiative.
GKIDS has distributed films including The Boy and the Heron, Evangelion: 3.0 + 1.0 Thrice Upon A Time, Spirited Away, and most recently acquired the rights to DAN DA DAN. The company brought each of these titles to North American theaters, with Blu-ray home entertainment releases offered as well. In a press release, the Toho President and CEO Hiro Matsuoka said the following on this acquisition:
“Through their hard work, vision, and integrity, GKIDS has built a unique position in the US market, which dovetails perfectly with Toho’s own strengths and strategic mission. This partnership accelerates Toho’s goals to prioritize animation, develop international markets, and support IP creation, while bringing exceptional Japanese and animated content to global audiences. We are honored to be working together with Eric, Dave and the entire GKIDS team and welcoming them into the Toho family.”
“For all GKIDS’ filmmakers, content partners, distribution partners, and especially the fans, this is truly great news,” said Beckman and Jesteadt. “GKIDS will continue to operate as we always have – with the same team, the same passion, and the same mission – but now with the backing of a highly complementary and legendary parent company. We are truly thrilled to be joining forces with the esteemed and storied Toho, home to Godzilla and Akira Kurosawa, as well as blockbuster anime franchises like My Hero Academia and Jujutsu Kaisen. This partnership will empower us to bring even more amazing films to North American and global audiences, while we continue to champion animation as a cinematic artform and push the limits of what the medium is capable of. We could not be more excited about the opportunities in front of us. The best is yet to come.”
More information can be read in the press release, which is available here.