A bit on the business side of Toho Studio's success:
The film
Kokuhō (国宝), 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. Its performance also helped push major distributor and production company Toho back to record profits.
The movie, centred on the world of traditional kabuki theatre and the lives of its actors, surpassed 20 billion yen in box office revenue. That is considered an extraordinary figure in Japan, where domestic films are generally already seen as major hits once they pass the 1 billion yen mark. Its success also marked the first time in 22 years that a Japanese film broke the country's domestic box-office record.
The distributor behind the blockbuster is Toho, the company best known internationally for creating Godzilla. Toho dominated the Japanese box office last year. The company distributed eight of the country's top 10 highest-grossing films, including the year's biggest hit, Demon Slayer, and
Kokuhō. That has left the company in a position few rivals in the industry can really match at the moment. For the fiscal year ending February 2026, Toho reported consolidated net profit of 51.7 billion yen, up 19 per cent from the previous year. It was the company's first return to record-high earnings in two years.