IG Port, the parent company of anime studios Production I.G and Wit Studio, recently announced its financial results for the fiscal year ended May 2026. As reported by GameBiz, the company saw declining revenue and profit margins overall, with operating profit down by 46.3% year-on-year, and nearly 57% lower than IG Port had originally forecasted.
In its video (animation) production business, the company actually saw revenue increase by 10.7% year-on-year, but it appears this did not translate into profits, with the segment seeing a widening operating loss of approximately $8.22 million USD. Some of the titles it worked on include Devil’s Crest, Eren the Southpaw, Agents of the Four Seasons, HAIKYU!! VS the Little Giant, and The One Piece.
According to IG Port, one major issue were delays in production schedules. This was paired with rising production costs throughout the anime industry, with the company specifically citing rising expenses related to personnel, CG production, and outsourcing. Of note, another factor behind the weak performance was IG Port having to record “provisions for anticipated losses on orders,” which likely means that for some of its ongoing projects, the company determined that production costs would run higher than associated earnings.
Although other businesses within IG Port, like publishing and licensing, performed strongly and even exceeded expectations, the company expects operating profit to decline a further 24.3% over the next fiscal year.
