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the Japanese branch of Crunchyroll's net profits for the fiscal period ending in December 2025 were 453 million yen (about US$2.85 million), a drop of 63% from the previously reported 1.239 billion yen (about US$7.79 million) in 2024.

According to Crunchyroll, its Japan office "traditionally consists of content, programming, production and acquisition teams, which are non-revenue generating."

Makes absolutely no sense. How is a non-revenue-generating branch experiencing a drop in profit?

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