Anime News Network is reporting that the September 16, 2020 issue of National Printing Bureau’s Kanpō publication has reported that Kyoto Animation has absorbed the Osaka-based affiliate studio Animation DO, including all rights and properties associated with the company.
Animation DO was originally established in 2000 as Kyoto Animation Osaka Studio, and it became its own corporation under the name Animation DO in December 2010. The studio is perhaps best known for its work on the Free! Iwatobi Swim Club franchise, but its staff has done animation work on virtually every Kyoto Animation project since the company’s inception.
The report also added the Kyoto Animation had a total loss of 21.34 million yen (about US$202,400) in the fiscal year ending in March 31, 2020, while Animation DO had a loss of 6.63 million yen (about US$62,900) in the same year.