TOKYOPOP to be Listed on Japanese Stock Exchange

Although founded in 1996 by American Stuart Levy, TOKYOPOP is now classified as a Japanese corporation owned by investors including Softbank Finance Corporation, Mitsui MVC, Nippon Venture Capital, and Trans Cosmos. According to the Nikkei Kinyu Newspaper, TOKYOPOP stock will become publicly listed on the Japanese stock exchange later this year.

TOKYOPOP is presently a privately owned company that does not reveal its financial reports to the public; however, the Nihon Sangyou Newspaper has reported that TOKYOPOP earned an estimated $68 million in 2003. TOKYOPOP properties now account for more than half of all manga sold in America.

Source: Anime News Network