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Think Corp. Begins Support of Animation Pilot Films Production
Think Corp. (Minato-ku, Tokyo. CEO: Yuji Mori) sets up Anime Innovation Tokyo, a subsidiary wholly owned by THINK Corp. and launches a supporting business of animation production with financial assistance provided by the government of Tokyo. Purpose of this supporting system includes sponsorship for animation projects. "The First Business Scheme for Supporting Production of Pilot Films" 【 Descriptions of business 】 Sponsorship and hands-on type supervision for distinguished projects from individual creators and medium, and small production companies. The first goal is to make pilot films (about 30 minutes). The eventual plan is to generate revenues from sales of copyrights for big budget projects based on these pilot films, and also from the pilot films themselves. Total capital is about 300,000,000 yen. 15 projects will be supported within 4 years.
![]() * Regarding description of business and application, please refer to http://www.anime-innovation.jp for details. 【 Characteristics of the business 】 We will give financial support for projects. In addition to that, Hiroaki Takeuchi, who is the founder of Think Corp. and director of the Contents & Produce branch, and other domestic and international highly-qualified producers will supervise planning and production of the projects in hands-on style to get the project on track for reliable operation. This business is a joint venture of Anime Innovation Tokyo and the original proposers/creators, and the consortium will own the copyright for the project. Therefore, if the project succeeds, original proposers/creators, who usually can get production cost only, can gain incentive fees according to their contribution to the project. That means original proposers/creators can gain more profit than the traditional unit contract. And we implement portfolio investment to finance several projects at the same time, which lessens volatility of underwriting profit and loss, and hedges business risks. 【 Background of the business and future prospects 】 In July 2005, government of Tokyo invited applicants to administer "support measures for animation and other visual art industries." Think Corp. was selected, and since then, started preparations for the animation production support business. Our plans for the near future are to start receiving applications for project plans, and to look for capital investors other than the government of Tokyo. With the completion of fund raising in March, 2006, we will start the business operation. 【 Company profile 】
Address :Holland-Hills-Mori-Tower RoP 708, Toranomon 5-11-1, Minato-ku, Tokyo, Japan Year of foundation : August, 1988 URL : http://www.think.ne.jp 【 For further information please contact 】 Think Corp. Business Development & Investment Section Contact person : Takahashi TEL : +81-3-5405-3774 e-mail : press@anime-innovation.jp |

