Japanese Animation Studio Manglobe Inc. Formally Begins Bankruptcy Proceedings With Tokyo District Court

After filing for bankruptcy and shutting down on 29 September 2015, Japanese animation studio Manglobe Inc. formally began bankruptcy proceedings with the Tokyo District Court on 4 November 2015.

Formed in 2002 by Shinichiro Kobayashi and Takashi Kochiyama, Manglobe Inc. was drawing in annual revenues of over 1 billion yen at its peak during the anime boom, and is perhaps best known for producing anime such as Samurai Champloo, and the franchises The World God Only Knows and Hayate no Gotoku. Currently, however, its animators stated that they did not receive their final salary from the studio, and it is reported that Manglobe Inc. owes 237 parties 554.5 million yen in total liabilities.

Manglobe Inc.’s last-known project was the movie adaptaion of Project Ito’s science fiction novel Genocidal Organ. After originally announcing the release date of Genocidal Organ to be in October, the film’s release date was pushed back to 13 November 2015, and as this time no longer has an official release date. Instead, refunds were offered to members of the public who have pre-ordered tickets to the anime film, with details on how to claim their refunds on the official website of the Project Ito films.

Source: http://www.animenewsnetwork.com/daily-briefs/2015-11-11/studio-manglobe-begins-bankruptcy-proceedings-with-555-million-yen-in-debt/.95250;

http://www.tsr-net.co.jp/news/tsr/20151111_02.html 

Featured image credits to Amazon Japan

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