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HomeWorld newsGainax, known for the anime production 'Evangelion', is going bankrupt

Gainax, known for the anime production ‘Evangelion’, is going bankrupt

Gainax, known for producing the hit anime series “Neon Genesis Evangelion,” said Friday it filed for bankruptcy in the Tokyo District Court on May 29.

Founded in 1984, the Tokyo-based company has produced successful anime titles including film director Hideaki Anno’s Evangelion series and ‘Nadia: The Secret of Blue Water’.

Business conditions began to deteriorate around 2012 due to careless management by executives, and the company lost its anime production capabilities after an exodus of its creative staff. In addition, the representative director was arrested in 2019 for alleged sexual abuse of a minor.

Gainax attempted to rebuild itself with the support of Khara, who currently owns the rights to the Evangelion series and of which Anno is president. However, Gainax was sued in May for unpaid debts and concluded it was difficult to continue operating.

Gainax has released a statement on its website saying it feels deeply sorry for the fans, while expressing its sincere gratitude for their support over the past 40 years.

According to credit research firm Teikoku Databank, the total amount of debt left by the company is unknown.

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