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Kadokawa

Kadokawa is in the midst of a strategic restructuring after a 51.3% profit drop, which the company blamed on isekai oversaturation, while its CEO survived a shareholder vote to oust him and the company faces legal challenges over freelance violations and a former chair's appeal.

Synthesized from 26 Yomimono stories · updated 43m ago

Kadokawa reported a 51.3% drop in operating profit for FY2026, with its domestic publishing business posting a ¥1 billion loss. The company blamed over-reliance on narou-style fantasy and isekai, saying a flood of titles produced work lacking originality. Total net sales rose 1.8% to ¥282.9 billion, and Kadokawa forecasts a recovery in FY2027. The publisher's anime division posted a 465 million yen operating loss, down from a 4,729 million yen profit the previous year. Kadokawa has acknowledged that an overreliance on isekai and narou-kei formulas contributed to the decline and plans to reform its genre strategy, including a new steering committee and an early retirement program for employees aged 45 and older.

CEO Takeshi Natsuno retained his positions as CEO and board member after receiving enough votes at the company's 12th annual general meeting. Oasis Management, Kadokawa's largest shareholder with a 15.25% stake, had called for his removal, citing declining profitability since 2021. Kadokawa argued that removing Natsuno without a successor would disrupt reform efforts. Former chair Tsuguhiko Kadokawa announced he is appealing his guilty verdict in the 2021 Tokyo Olympics bribery case and filed a defamation lawsuit against CEO Takeshi Natsuno and internal investigation lawyer Tadashi Kunihiro, seeking 20 million yen in damages. He claims the company's internal investigation compromised his right to a fair trial.

Kadokawa also received a recommendation from the Japan Fair Trade Commission for violating the Freelance Law, failing to clearly state compensation conditions in writing and not paying by the due date in past transactions with freelancers. The company apologized and said it has begun implementing preventive measures. On the publishing side, Kadokawa's Da Vinci magazine will cease publication with its November 2026 issue after 32 years, citing dramatic changes in the publishing market. The sister website Da Vinci Web will continue operating. Kadokawa launched the KADOKAWA WORLD MANGA ATELIER initiative to help overseas manga creators debut in Japan, and created a new subsidiary, Kadokawa Retail Ventures, to manage its growing chain of Manga Spot bookstores in the United States, which has opened ten locations since its first store launched in May 2025.

Key facts

FY2026 operating profit drop
51.3%
Domestic publishing business loss
¥1 billion
Anime division operating loss
465 million yen
CEO survival of shareholder vote
Takeshi Natsuno retained CEO and board positions
Oasis Management stake
15.25%
Former chair appeal and lawsuit
Tsuguhiko Kadokawa appealed bribery verdict and sued CEO Natsuno and lawyer Kunihiro for 20 million yen
Japan Fair Trade Commission recommendation
Kadokawa violated Freelance Law by failing to state compensation conditions in writing and not paying by due date
Da Vinci magazine closure
Ceases publication with November 2026 issue after 32 years
World Manga Atelier launch
KADOKAWA WORLD MANGA ATELIER initiative started April 30, 2026
U.S. Manga Spot stores
Ten locations opened since May 2025, managed by new subsidiary Kadokawa Retail Ventures

Timeline

Synthesized by Yomimono from the cited Yomimono stories below, each itself sourced, then editorially reviewed. Every fact links the story it came from.

Facts

Announced
full lineup for Anime Expo 2026, including dedicated exhibits for the 10th anniversaries of Re:Zero, KonoSuba, and Bungo Stray Dogs, plus a display for Sentenced to Be a Hero ahead of its second season · 2026-06-19
Announced
received a recommendation from the Japan Fair Trade Commission for violating the Freelance Law · 2026-06-11
Announced
formed a new subsidiary, Kadokawa Retail Ventures, to manage its Manga Spot bookstores in the United States · 2026-05-16
Announced
KADOKAWA WORLD MANGA ATELIER (KWMA) initiative · 2026-05-19
Announced
Da Vinci magazine will cease publication with its November 2026 issue · 2026-05-26
Release
manga · 2026-06-17 · 2026-06-17
Noted
reported a 51.3% drop in operating profit for FY2026 · 2026-06-15
Noted
domestic publishing business posting a ¥1 billion loss · 2026-06-15
Noted
blamed over-reliance on narou-style fantasy and isekai · 2026-06-15
Noted
forecasts a recovery in FY2027 · 2026-06-15
Noted
failed to clearly state compensation conditions in writing and did not pay by the due date in past transactions with freelancers involved in publication production · 2026-06-11
Noted
apologized and said it has begun implementing preventive measures · 2026-06-11
Noted
Kadokawa Corporation reported a 51.3% drop in operating profit for FY2026, citing oversaturation of the isekai genre, a lack of major anime sequels, and rising costs. · 2026-05-22

Connections

Produces of
noboru segawa

Structured graph also available as JSON at /public/entities/kadokawa. CC BY 4.0.

Claim activity

When a claim about Kadokawa was confirmed, debunked, or disputed against open-web sources. The record stays even after a claim drops off the facts list.

  • Confirmed manga 2026-06-17 Jun 18 · source
  • Confirmed kadokawa produces howling blaze soen no kenshi May 28 · source
  • Confirmed kadokawa produces koko na kanojo to kanojo no heya de shiteru koto May 28 · source
  • Confirmed formed a new subsidiary, Kadokawa Retail Ventures, to manage its Manga Spot bookstores in the United States May 28 · source
  • Confirmed KADOKAWA WORLD MANGA ATELIER (KWMA) initiative May 28 · source
  • Confirmed kadokawa produces sekiro no defeat May 28 · source
  • Confirmed kadokawa produces iron wok jan May 28 · source
  • Confirmed kadokawa produces wicked spot May 27 · source
  • Confirmed Da Vinci magazine will cease publication with its November 2026 issue May 27 · source

All coverage

3h ago

Sekiro: No Defeat Trailer Launches With Ticket Presales in Japan

Kadokawa, Crunchyroll, Qzil.la, and ARCH released a new trailer for the Sekiro: No Defeat anime adaptation and began ticket presales in Japan. The series premieres in Japanese theaters on September 4 for a three-week run, with a worldwide Crunchyroll stream planned later in 2026.

3d ago

Kadokawa CEO Takeshi Natsuno Survives Shareholder Vote to Oust Him

Kadokawa CEO Takeshi Natsuno retained his positions as CEO and board member after receiving enough votes at the company's 12th annual general meeting on Wednesday. Oasis Management, Kadokawa's largest shareholder with a 15.25% stake, had called for his removal, citing declining profitability since 2021. Kadokawa argued that removing Natsuno without a successor would disrupt reform efforts.

3d ago

Abema to Stream 10 Kadokawa Anniversary Anime for Free in 2026

ABEMA announced a special project, 'KADOKAWA・ABEMA Anniversary Anime Selection,' offering free streaming of 10 KADOKAWA anime celebrating anniversaries in 2026. The lineup includes dedicated channels for five series, starting with Steins;Gate on July 11, and free marathon streams for five more. The project runs through the year.

4d ago

Kadokawa Editor-in-Chief Shares Five Tips for Manga Success at Anime Expo

Noboru Segawa, director and editor-in-chief of Kadokawa's Global Comics Department, gave a panel at Anime Expo 2026 on what it takes to create a successful manga. He outlined five key points: don't rush your first hit, develop a unique personality, prioritize compelling character creation, build radical trust with your editor, and attend portfolio review sessions. He cited examples of global creators published by Kadokawa from India and Vietnam.

Jun 27

VTuber Shikishima Tetora's First Essay Book Arrives in August

VTuber and VSinger Shikishima Tetora will release her first essay collection, 'Opening a Can of Beer Alone in a Corner of Dystopia,' through KADOKAWA on August 20, 2026. The book covers alcohol, walks, scenery, and her personal background, and includes a vlog walk map, self liner notes, and drink recipes. A signed set is available for pre-order until July 8.

Jun 19

Kadokawa Reveals Anime Expo 2026 Booth, Merchandise, and Panel Plans

Kadokawa announced its full lineup for Anime Expo 2026, including dedicated exhibits for the 10th anniversaries of Re:Zero, KonoSuba, and Bungo Stray Dogs, plus a display for Sentenced to Be a Hero ahead of its second season. The booth will feature a cosplayer photo session, exclusive merchandise, and a producers roundtable panel.

Jun 17

Former Kadokawa Chair Tsuguhiko Kadokawa Appeals Bribery Verdict, Sues Company President

Tsuguhiko Kadokawa announced he is appealing his guilty verdict in the 2021 Tokyo Olympics bribery case and filed a defamation lawsuit against Kadokawa CEO Takeshi Natsuno and internal investigation lawyer Tadashi Kunihiro, seeking 20 million yen in damages. He claims the company's internal investigation compromised his right to a fair trial.

Jun 17

Indent Agent Handles Manga Adaptation of Nola Original Work

Indent Co., Ltd. announced that the first volume of the manga adaptation 'The Abused Lady Was Supposed to Become the Second Wife of a Lewd Old Man in the Borderlands, but She Didn't Hear About Being Doted On by the Handsome Border Count!' went on sale June 17, 2026, via KADOKAWA's FLOS COMIC label. The original work was discovered through indent's Nola Agent Function, which connects works from over 700,000 writers to companies for commercialization. A second title handled by indent, 'The Mind-Reading Lady with One Year to Live Is Doted On by the Emperor Rumored to Be Cold and Ruthless,' also released its first volume the same day.

Jun 15

Kadokawa's Isekai Pipeline Backfires as Profits Fall 51%

Kadokawa reported a 51.3% drop in operating profit for FY2026, with its domestic publishing business posting a ¥1 billion loss. The company blamed over-reliance on narou-style fantasy and isekai, saying a flood of titles produced work lacking originality. Total net sales rose 1.8% to ¥282.9 billion, and Kadokawa forecasts a recovery in FY2027.

Jun 11

Kadokawa Receives Japan Fair Trade Commission Recommendation Over Freelance Law Violations

Kadokawa announced on June 11, 2026, that it received a recommendation from the Japan Fair Trade Commission for violating the Freelance Law. The company failed to clearly state compensation conditions in writing and did not pay by the due date in past transactions with freelancers involved in publication production. Kadokawa apologized and said it has begun implementing preventive measures.

Jun 4

Young Ace July Issue Launches Two New Serializations

The July issue of Young Ace, released June 4, features the start of two new serializations: a new work by Roku Sakura titled "I Can't Die Until I Make My Childhood Friend Happy!!" and a manga adaptation of the theatrical anime "WASTED CHEF" directed by Takayuki Hirao. The former is a misunderstanding love triangle romantic comedy, while the latter is a sci-fi story about a chef in a world without taste.

Jun 4

Limit Zero Breakers Opens Additional Steam CBT Signups, VTuber Streams Announced

NC Corporation announced on June 4 that it is recruiting additional participants for the Steam closed beta test of the action RPG Limit Zero Breakers. The Prologue Beta Test will run from June 11 to June 15 on Steam, iOS, and Android. The additional recruitment period for Steam players in Japan closes on June 8 at 23:59. Mobile platform signups have already ended. During the test, three VTubers will stream gameplay: Kogane Toto of Vspo! will stream solo on June 14 at 19:00, while Neo-Porte members Aruyo Inu and Kohaku Teto will collaborate on a joint stream on June 15 at 19:00. The game is being developed by VIC GAME STUDIOS and marketed by KADOKAWA. It is described as a free-to-play animation action RPG set in the land of Seraphia, where characters seek the God's Library, a legendary artifact said to grant wishes. The game is planned for release on PC via Steam and PURPLE, as well as smartphones.

May 31

Original Anime Films Struggle at the Box Office

A panel at the Tokyo Anime Award Festival argued that the growing gap between franchise and original anime films at the box office risks crowding out original works that serve as incubators for new talent. Original anime films have rarely earned more than ¥3 billion (US$19 million) domestically in recent years, while franchise films like Demon Slayer can reach ten times that amount. The panel included TMS Entertainment president Tadashi Takezaki, who noted that even among television shows and books, hit titles generate massive revenue while others barely register. The original anime film A New Dawn, from animator Yoshitoshi Shinomiya and co-produced by France's Miyu Productions, earned just ¥17 million (US$107,000) in its opening weekend in Japan, overshadowed by wider releases from established titles like Doraemon and That Time I Got Reincarnated as a Slime. High-quality franchise productions are also raising audience expectations for production quality, increasing costs and risk for original films, which can take four to five years to produce.

May 29

KADOKAWA World Manga Contest Winners Named

KADOKAWA has announced the winners of its World Manga Contest, which received 1,959 entries from 118 countries and regions. The competition was split into two categories: Manga With Dialogue and Wordless Manga. The Gold Prize in the Manga With Dialogue category went to "Cry or the witch will come" by Vietnam's Syo.Era. The Comic Alive Editorial Team praised the work for its "constantly shifting, unpredictable developments" and its balance of uniqueness and universal appeal. The Gold Prize in the Wordless Manga category was awarded to "Cells Within the Body." by Taiwan's Eli Lin. The Comic Regulus Editorial Team noted its detailed artwork and a narrative that begins quietly before a sudden, shocking turn. Silver and Bronze Prizes in the Manga With Dialogue category went to "Deus sniper" by France's Shinamori and "START AT NULL" by Switzerland's 2AM Productions, respectively. In the Wordless Manga category, Silver went to "BOW" by Vietnam's Light Comic Studio and Bronze to "Hitokuji" by Taiwan's Murji. Five honorable mentions were also named. Gold Prize winners receive US$10,000, Silver US$5,000, and Bronze US$3,000. All winning works will be published on KADOCOMI, and creators will receive editorial support toward potential serialization, though there is no plan to serialize the winning works themselves.

May 28

Yu Shimizu's Howling Blaze Fantasy Light Novels Get Manga Adaptation

The July issue of Kadokawa's Comic Alive magazine revealed that Yu Shimizu's Howling Blaze light novel series is getting a manga adaptation by artist koko. The manga will launch in the magazine's next issue on June 26. The fantasy story follows Witch Hunter Kaori Tsukimiya on the island of Karyujima, where she meets the White Flower Witch Fiona.

May 28

Kokō Na Kanojo to, Kanojo no Heya de Shiteru Koto Light Novel Gets Manga Adaptation

The July issue of Kadokawa's Comic Alive magazine announced that Yu Hibari's light novel Kokō na Kanojo to, Kanojo no Heya de Shiteru Koto is getting a manga adaptation by Mugiko. The manga will launch in the magazine's next issue on June 27. The story follows opposites Kotori Nabata and Takumi Hashio, who share a secret routine.

May 26

Kadokawa's Da Vinci Magazine to End Publication After 32 Years

Kadokawa announced on May 26 that its Da Vinci magazine will cease publication with its November 2026 issue, shipping on October 6. The magazine, which covered literary subculture, manga, anime, and voice actor topics, has been published since April 1994, when it was launched by Recruit's publishing arm Media Factory. Kadokawa acquired Media Factory in 2011 and continued the magazine under the Media Factory brand after a 2013 merger. The company cited dramatic changes in the publishing market and the diversification of how readers consume information as reasons for the closure. The sister website Da Vinci Web will continue operating, and Kadokawa plans to develop the site further. Over its run, the magazine featured covers including My Hero Academia, One Piece, and Fate/Grand Order: Camelot - Wandering; Agateram with voice actors Mamoru Miyano and Maaya Sakamoto. It also published an annual Book of the Year list each December, which included the editorial staff's top 30 manga picks.

May 25

Sal Jiang's Wicked Spot Manga Ends in Two Chapters

Sal Jiang announced on X on Sunday that the manga Wicked Spot will conclude with its 16th chapter. Kadokawa published the 14th chapter on May 22, and the 15th chapter is scheduled for June 26. The series debuted in October 2024 on Kadokawa's KadoComi app under the CandleA brand. Kadokawa shipped the first compiled volume in February 2025, and Kodansha USA released the first English volume on May 26. The story follows Sadako, a centuries-old sorceress who becomes an internet sensation after revealing she is a witch, and Hanako, a young woman with superhuman strength who becomes her hater. Jiang's previous works include Black and White: Tough Love at the Office from Seven Seas and Ayaka Is in Love with Hiroko from Tokyopop, the latter of which inspired two live-action series.

May 22

Three New Manga Series Launch in ASUKA's July Issue

The July issue of ASUKA, released May 22, features three new serializations: Akira Nagano's "Yoru no Tobari Shokudo," a mysterious diner love story; Soyogo Iwaki's "Gaiaku dakedo Totte Kuremasu ka?" about a cosplayer going viral; and Kei Kanjō's "Ai ga Iru nara Kimi de Ii," a youth love suspense tale.

May 22

Kadokawa Reports 51.3% Profit Drop, Blames Isekai Oversaturation

Kadokawa Corporation reported a 51.3% drop in operating profit for FY2026, citing oversaturation of the isekai genre, a lack of major anime sequels, and rising costs. The publisher's anime division posted a 465 million yen operating loss, down from a 4,729 million yen profit the previous year.

May 20

Kadokawa Admits Isekai Overreliance Led to Profit Collapse

Kadokawa has acknowledged that an overreliance on isekai and narou-kei formulas contributed to a 51.3% drop in operating profit for the fiscal year ending March 2026. The company plans to reform its genre strategy, including a new steering committee and an early retirement program for employees aged 45 and older.

May 19

Kadokawa Launches World Manga Atelier to Support Overseas Creators

Kadokawa Corporation has launched the KADOKAWA WORLD MANGA ATELIER (KWMA) initiative, starting April 30, 2026, to help overseas manga creators debut in Japan. The program includes an online portfolio review platform and in-person sessions, with the first OnSITE event at Anime Expo 2026 in Los Angeles from July 2 to July 5.

May 17

Iron Wok Jan! Anime Adds Five Cast Members, Sets July 5 Premiere

The television anime adaptation of Shinji Saijyo's cooking manga "Iron Wok Jan!" has revealed five new cast members, a July 5 premiere date, and a main promotional video. The seven-member dance vocal group Genin wa Jibun ni Aru. performs the opening theme song "Hien" (Fire Banquet). New cast additions include Masuo Amada as Nichido Otani, M.A.O as Celene Yang, Takahiro Sakurai as Kei Sawada, Taishi Murata as Tomohide Jun, and Yusuke Kobayashi as Yuji Kawahara. Previously announced lead cast members are Kikunosuke Toya as Jan Akiyama, Ikumi Hasegawa as Kiriko Gobancho, Kohei Amasaki as Takao Okonogi, and Kenjiro Tsuda as narrator. Ei Aoki (Fate/Zero, Aldnoah.Zero) directs the series at studio TROYCA, with Makoto Uezu handling series scripts and Masako Matsumoto designing characters. The anime will air Sundays at 5:30 p.m. JST on TV Tokyo and its affiliates. The original manga ran in Weekly Shonen Champion from 1995 to 2000 across 27 volumes, and the franchise has over 10 million copies in circulation.

May 16

Agents of the Four Seasons Episode 8 Preview Arrives Ahead of May 16 Debut

Wit Studio released preview images for the eighth episode of Agents of the Four Seasons on Wednesday, two days before the episode airs on Saturday, May 16. The spring 2026 series adapts Kana Akatsuki and Suoh's light novel, which began publication under ASCII Media Works' Dengeki Bunko imprint in April 2021. Ken Yamamoto directs the adaptation, with Ayumu Hisao writing the scripts and Namiko Torii designing the characters. Kensuke Ushio composes the music. The story follows Hinagiku, the Agent of Spring, who disappeared ten years ago and took the season with her. She returns to restore the cycle and, as the myth demands, sends her love to Winter. The light novel has four volumes released so far and is ongoing. A manga adaptation by Nappa Komatsuda also runs alongside it. Yen Press licenses both the light novel and the manga in English. The anime premiered on March 28, 2026, and the new preview gives the first look at the episode before its weekend broadcast.

May 16

Kadokawa Forms Subsidiary to Run Its U.S. Manga Spot Stores

Kadokawa created a new subsidiary, Kadokawa Retail Ventures, to manage its growing chain of Manga Spot bookstores in the United States. The publisher has opened ten locations since its first store launched in May 2025, placing them in cities from New York and Chicago to smaller hubs like Grove City, Pennsylvania, and Ketchikan, Alaska. Kurt Hassler, who leads Yen Press and Kadokawa World Entertainment, will run the new retail unit. Hassler previously helped Borders and Waldenbooks build their manga sections. He told a podcast last year that the chain aims to go where there is less competition from existing comic shops and that shopping malls remain a viable location, pointing to the survival of specialty retailer Hot Topic. The move comes two and a half years after Kadokawa began its North American marketing push. The company sees direct retail as a way to get more face time with customers, a problem Hassler said most publishers share.

May 16

Sekiro Anime Sets Three-Week September Theatrical Run in Japan

The anime adaptation Sekiro: No Defeat will open in Japanese cinemas on September 4, 2026, for a limited three-week run. Kadokawa, Crunchyroll, Qzil.la, and ARCH announced the date alongside a new main visual. Crunchyroll confirmed the series will stream exclusively on its platform later in 2026. The production committee also released a statement that no generative AI is used in the adaptation, a response to audience concern after studio Qzil.la was chosen. Qzil.la is known for work involving AI technologies. Kenichi Kutsuna directs, with Takuya Satou writing the screenplay and Takahiro Kishida designing the characters. The voice cast includes Daisuke Namikawa as Wolf, Miyuki Satou as Kuro, and Kenjiro Tsuda as Genichiro Ashina. The story adapts FromSoftware's game, following the shinobi Sekiro and the Divine Heir during the warring Sengoku period as Ashina faces an internal threat.