[Click eStock] "Aniplus Secures Additional Popular IPs Through Competitor Acquisition"
Research Alum analyzed on the 9th that Aniplus is expected to benefit as animation begins to gain attention as popular culture.
Researcher Ham Tae-yoon of Research Alom explained, "Last month, we decided to acquire 100% of the shares of our competitor, Animax Broadcasting Korea LLC," adding, "The acquisition amount is 46 billion KRW, and 25 billion KRW was raised through convertible bonds (CB)."
He continued, "Animax Korea is the second-largest domestic animation company with popular works such as 'Gwi-myeol-ui Kalnal' (Demon Slayer) and 'Kaguya-nim-eun Gobaeg-eul Batgo Sip-eo' (Kaguya-sama: Love Is War)," and added, "We expect to develop collaboration cafes and merchandising based on IPs that have not yet been secured."
Furthermore, he emphasized, "Last year, Animax channel and VOD distribution sales recorded 13.4 billion KRW," and "Considering that Aniplus product sales account for 30%, we expect an external growth effect of about 20 billion KRW this year."
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Aniplus is estimated to achieve sales of 101.8 billion KRW and operating profit of 21.6 billion KRW this year, representing increases of 75.1% and 123.9%, respectively, compared to last year.
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