IG Port, Inc.
3791・Standard Market・Information & Communication
Animation Production
IGPORT's largest segment, responsible for animation production for domestic and overseas markets, but continues to post chronic operating losses
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥8,106 million | ¥7,319 million | ↑ |
| Operating Loss | △¥1,342 million | △¥1,102 million | ↓ |
| Depreciation and Amortization | ¥156 million | ¥156 million | — |
| Provision for Losses on Order Backlog (Period-End Balance) | ¥770 million | ¥512 million | ↓ |
Business Details
Through production subsidiaries such as Production I.G, Inc. and WIT STUDIO, Inc., this segment plans and produces TV, streaming, video, and theatrical animation. Major domestic and overseas clients include Netflix, Toho, Aniplex, and LUCASFILM. While this is the largest segment, accounting for approximately 58% of consolidated sales, rising labor costs, CG production costs, and outsourcing costs, together with lengthening production periods, have led to provisions for losses on order backlog being recorded for multiple works, resulting in an expanding operating loss.
Recent Overview
Net sales increased 10.7% year-on-year, but the operating loss expanded 21.8% due to rising costs
Net sales in the Animation Production segment for FY2026 (ending May 2026) increased 10.7% year-on-year to ¥8,106 million, but the operating loss expanded to ¥1,342 million (compared with a loss of ¥1,102 million in the prior period) due to rising labor costs, CG production costs, and outsourcing costs amid inflation, as well as lengthening production periods. The period-end balance of the provision for losses on order backlog increased ¥258 million year-on-year to ¥770 million. Major clients were Toho Co., Ltd. (¥1,401 million), Aniplex Inc. (¥1,346 million), and LUCASFILM ANIMATION Ltd. LLC (¥1,313 million). Deliveries began for works including "Star Wars Visions Presents – The Ninth Jedi" and "THE ONE PIECE."
Key Products
Growth Drivers
- Continued large-scale orders from major domestic and overseas clients such as Toho, Aniplex, and LUCASFILM (combined ¥4,060 million from the top three clients in FY2026, ending May 2026)
- Expanding demand from overseas streaming platforms (e.g., original streaming animation "THE ONE PIECE" for Netflix)
- Expansion of the anime industry market (2024 market size of ¥3,840.7 billion, up 114.8% year-on-year, a record high)
- Streamlining of the production structure through the merger of Signal.MD Co., Ltd. into Production I.G, Inc. (effective June 1, 2025)
- A robust production lineup for the next fiscal year ("Haikyu!! The Movie: Battle of Concepts VS Little Giant," "Kaiju No. 8 Final Chapter," "Yaiba Season 2," "LONA," etc.)
- Potential for new content development through the capital and business alliance with Sanrio
Risks
- Rising production costs due to increases in labor costs, CG production costs, and outsourcing costs (period-end balance of provision for losses on order backlog of ¥770 million, up ¥258 million year-on-year)
- Increased fixed cost burden and risk of budget overruns due to lengthening production periods (provisions for losses on order backlog recorded for multiple works)
- Risk of revenue recognition timing shifts due to delivery schedule changes for major titles
- Constraints on production capacity due to difficulty securing talented creators and partner companies (continued rise in talent acquisition costs)
- Risk of increased costs to keep pace with rapid advances in imaging technology (AI, CG, etc.)
- Risk of further increases in outsourcing costs and raw material costs due to global inflation and geopolitical risk
Last updated: August 27, 2025