News On Japan

Toho Achieves Record Profit With Hit Film 'Kokuhou'

TOKYO - The film 'Kokuhou,' which swept 10 categories at this year's Japan Academy Film Prize ceremony in March, has become one of Japan's biggest box office successes in decades, helping fuel record profits at major distributor and production company Toho.

The movie, which portrays the world of traditional kabuki theater and the lives of its actors, surpassed 20 billion yen in box office revenue, an extraordinary achievement in Japan where domestic films are generally considered hits once they exceed 1 billion yen. The success also marked the first time in 22 years that a Japanese film broke the nation's long-standing domestic box office record.

The distributor behind the blockbuster is Toho, the company famous for creating Godzilla.

Toho dominated the Japanese box office last year, distributing eight of the top 10 highest-grossing films, including the year's top-performing title 'Demon Slayer' as well as 'Kokuhou,' placing the company in a virtually unrivaled position within the industry.

For the fiscal year ending February 2026, Toho posted consolidated net profit of 51.7 billion yen, up 19% from the previous year and marking a return to record-high earnings for the first time in two years.

Industry observers have pointed to Toho's ability to repeatedly generate blockbuster hits despite increasingly difficult conditions in Japan's film market. One key factor behind the success of 'Kokuhou' was the company's unconventional strategy surrounding the film's nearly three-hour runtime, a length considered highly unusual in the Japanese market because it reduces the number of daily screenings theaters can schedule.

Despite concerns that fewer screenings would limit revenue potential, Toho positioned the film as a large-scale cinematic experience, successfully turning the lengthy runtime into part of its appeal and drawing strong repeat audiences.

Source: テレ東BIZ

News On Japan
POPULAR NEWS

Typhoon No. 27 is forecast to develop into a very strong storm with a central pressure of 925 hectopascals and maximum sustained winds of 50 meters per second by October 5, threatening the Ogasawara Islands with powerful winds and high waves, while Typhoon No. 26 weakened into an extratropical cyclone at 3 a.m. on October 2 after passing east of the Kanto region.

Time magazine has named Shoko Kawata, the 36-year-old mayor of Yawata in Kyoto Prefecture, among its 100 most influential emerging figures worldwide, recognizing her decision to become Japan's first sitting mayor to take maternity leave and highlighting a political career that has taken her from municipal administration to national politics and the leadership of a city of nearly 70,000 people.

Tokyo authorities carried out the capital's first emergency shooting of a captured bear in Hachioji after an adult Asiatic black bear was found caught in a trap near a residential area about 8 kilometers from Takao Station.

Japan's total population, including foreign residents, stood at 122.97 million as of October 1, 2025, down 3.17 million from the previous census in 2020, marking only the third decline since the national census began in 1920.

A woman in her 50s with severe heart failure underwent what was described as the world's first surgery using commercially available iPS cell-derived heart muscle sheets at an Osaka hospital on September 29, marking the first practical use of the regenerative treatment.

MEDIA CHANNELS
         

MORE Business NEWS

Pan Pacific International Holdings (PPIH), the operator of discount retail chain Don Quijote, has announced plans to acquire the Japanese operations of Toys R Us, the American-founded toy retail giant, taking over approximately 150 stores nationwide while maintaining employment for existing workers.

Tokyo stocks surged on October 1, with the Nikkei 225 closing at 68,957, up 2,203 points, as investors rushed back into artificial intelligence and semiconductor-related shares after Micron Technology’s strong earnings outlook reinforced confidence in global chip demand.

TOKYO - Tokyo stocks fell on September 29, with the Nikkei 225 closing at 65,481, down 396 points, as the September-end ex-dividend adjustment, U.S. stock weakness, higher bond yields and oil-related inflation concerns weighed on investor sentiment.

Osaka Prefecture's minimum wage will rise to 1,231 yen per hour in October, providing welcome relief to part-time workers struggling with higher living costs while placing growing financial pressure on businesses, some of which are responding by reducing employee hours and introducing robots that can perform certain tasks for the equivalent of just 94 yen an hour.

The average annual salary for employees at private-sector companies in Japan rose 1.9% to a record 4.87 million yen last year, marking the fifth consecutive annual increase, according to the National Tax Agency.

Toyota Motor's global vehicle sales fell 6.4% from a year earlier to 790,743 units in August, marking the second consecutive month of year-on-year declines as high gasoline prices linked to the Middle East crisis continued to weigh on demand for gasoline-powered vehicles in China.

Tokyo stocks fell on September 29, with the Nikkei 225 closing at 65,481, down 396 points, as the market adjusted for September interim dividends and investors remained cautious over high Japanese bond yields, a weak yen, oil prices and profit-taking after the recent rebound.

Japan will unify liquor tax rates on beer, happoshu and other beer-like beverages from October 1, lowering the tax on regular beer while raising it on cheaper alternatives in a reform expected to reshape prices and competition across the domestic beer market.