Anime News

Bandai Cancels Capital Tie-up With Ashi Productions
Date: 12/5/2005
Bandai Ltd. has announced it's calling off a capital tie-up with animation producer, Ashi Productions. Further, all stocks held in the company (90% - 18,000 issued shares) have been sold off to President and Representative Director Toshihiko Sato. Bandai partnered with Ashi in 2001. Despite the move ther partnership is scheduled to continue. Ashi is an animated production company with rights to such original productions as "Magical Princess Minky Momo" and "Dancougar". Fully-integrated operations including everything from planning and direction to animation, filming, and recording, with a series of hits in Japan and overseas, especially in the North America and Europe. Joined the Bandai Group in November 2001, where it is involved in the development of new content.
Source: Anime News Service