'Godzilla awakens': Anime hits lift Toho to new box-office heights

Shares jump 50% on growth expectations for business moving into starring role

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Godzilla studio Toho has been pouring resources into its anime business in recent years. (Photo by Yuki Nakao)

TAKURO SUZUKI

TOKYO -- Japanese film studio Toho's booming anime business has propelled its shares to a roughly 50% gain over the past year, with earnings from hit animated movies going into mergers and acquisitions to further expand capacity as well as its intellectual property portfolio.

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