Post by Big Machine on Aug 20, 2008 16:02:19 GMT -5
Yuke's latest financial report shows progress for New Japan Pro-Wrestling. New Japan in the first quarter of 2008 has been... a profitable company.
President Sugabayashi has been able to cut costs a lot since taking over from Simon Inoki as president, and the results are shown in the new update.
A profit of ¥13,000,000 (US$120,000) was posted, which may not seem a lot, but is quite the opposite of the bleeding out of money in recent years. The first quarter of this year saw the Tokyo Dome show with reduced rental cost due to only opening so many seats, then the Nakamura vs. Angle Sumo Hall show.
2006 year:
Profit: -¥162,000,000
2007 year:
Profit: -¥70,000,000
2008 first quarter:
Profit: +¥13,000,000
President Sugabayashi has been able to cut costs a lot since taking over from Simon Inoki as president, and the results are shown in the new update.
A profit of ¥13,000,000 (US$120,000) was posted, which may not seem a lot, but is quite the opposite of the bleeding out of money in recent years. The first quarter of this year saw the Tokyo Dome show with reduced rental cost due to only opening so many seats, then the Nakamura vs. Angle Sumo Hall show.
2006 year:
Profit: -¥162,000,000
2007 year:
Profit: -¥70,000,000
2008 first quarter:
Profit: +¥13,000,000