Taku Sasaki, president of Tokyo Broadcasting System Holdings, the parent company of the Japanese television network TBS, announced on Tuesday that the company has made a full-scale investment of 2.5 billion yen (about US$21.6 million) in the company Seven Arcs Group.
Seven Arcs Group is the first anime production company to become a wholly owned subsidiary of Tokyo Broadcasting System Holdings.
Tokyo Broadcasting System Holdings acquired all the shares of the Seven Arcs Group from the group’s owner and chairperson Osamu Uemura for an undisclosed price.
Seven Arcs Group is the parent company of three affiliated companies tied to animation production: Arcturus, Seven Arcs, and Seven Arcs Pictures.