Toei Animation has announced that it is entering a capital business partnership with Dandelion Animation Studio with a goal of strengthening digital anime production. Through the partnership, Toei Animation aims to strengthen its business in the digital content production sphere and to offer more digital anime in the foreign market.
Dandelion Animation Studio was founded in 2007 and is headquartered in Tokyo. The company has recently focused on digital art, and it has had broad involvement in the anime industry through anime planning and production, as well as intellectual property. The company is known for character- and child-oriented content, which is also a focus for Toei Animation.
Toei Animation was established in 1956. The company has produced 238 theatrical works and 218 television works for a total of 12,479 episodes of content. The company has had rapid growth in recent years through involvement in foreign and licensing business.
Sola Digital Arts, Galaxy Graphics, and Toei Animation announced in July 2018 that they jointly invested in a new CG animation studio named Tenh Animation Magic. The company itself was established on October 10, 2017, and the business began operations in July 2018.