Long-established film company Nikkatsu announced on March 3 that it has established NK Animation, a new company that will handle Nikkatsu’s animation-related business, as part of Nikkatsu’s organizational restructure.
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NK Animation will be a wholly owned subsidiary of Nikkatsu, with a capital of 50 million yen (about US$333,000), and Nikkatsu’s president and CEO Naoki Sato is also NK Animation’s president and CEO.
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NK Animation will specialize in the planning, production, and promotion of animation works and related businesses.
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Nikkatsu was founded in 1912, and is the oldest movie studio and theater operator in Japan.