by KADOKAWA announced on the 20th that it would close EJ Anime Theater Shinjuku (formerly Kadokawa Cinema Shinjuku) in Tokyo on August 24.
EJ Anime Theater Shinjuku, which has a cafe and gallery, opened Kadokawa Cinema Shinjuku in 2006 and was renewed as EJ Anime Theater Shinjuku in 2018.
It is a complex facility that is a theater specializing in animation and has a collaboration cafe where you can exhibit, sell goods, and hold events. , 104 people standing.
Regarding the closing, the company reported, “We have decided to close the EJ Anime Theater Shinjuku (formerly Kadokawa Cinema Shinjuku) on August 24, 2023 (Thursday), so we will inform you.” He commented, “I would like to thank all the customers who have visited us and everyone who has supported us. We will continue striving to strengthen further the video business and related businesses that utilize IP.”
Regarding the reason for the closure, he said, “According to the policy of the current medium-term plan, we are promoting management with an awareness of capital costs and striving to build an optimal business portfolio in consideration of growth and profitability.
We will promote profitability improvement plans from these perspectives in the business areas that should be reformed. Still, if we judge that it is difficult to realize them, we will consider withdrawing based on specific criteria.”
Regarding EJ Anime Theater Shinjuku, “Even if the business format of movie theaters and cafes did not progress as initially expected, and even if we implement further profitability improvement plans including cost optimization, it will be challenging to secure profits in the future. With the expectation that there will be, in accordance with the above policy, we have decided to close EJ Anime Theater Shinjuku.”
