Musashino Entertainment, financial results for the fiscal year ended March 24 show a final loss of 18 million yen, insolvency ... Musashino Kogyo plans to become a wholly owned subsidiary in April this year

Musashino Entertainment, financial results for the fiscal year ended March 24 show a final loss of 18 million yen, insolvency ... Musashino Kogyo plans to become a wholly owned subsidiary in April this year
Musashino Entertainment, a consolidated subsidiary of Musashino Kogyo, reported a final loss of 18 million yen for the fiscal year ending March 2024 (the 11th fiscal period). It is insolvent by 410 million yen. This was revealed in the "Announcement of Financial Results" published in the "Official Gazette" dated March 10. In addition to the production, purchase and distribution of film and video works, the company also sells overseas copyrights, produces Japanese versions of overseas video works, plans and manages various events such as film festivals, and plans and original character products....

The linked article is in Japanese.