Japan Anime Market Hits Record $28.5 Billion in 2025
Demon Slayer film drives surge as overseas revenue outpaces domestic sales for the first time in industry history.
By Lily Carter ·

Japan's animation industry generated $28.5 billion in total revenue in 2025, a 15.8 percent increase in yen terms compared to 2024. The Association of Japanese Animations released these figures on October 30 during the annual session of TIFFCOM, the content market for the Tokyo International Film Festival. This total represents the highest annual sales recorded by the sector.
International markets accounted for roughly $16 billion of that sum, while the domestic market logged approximately $12 billion. Overseas sales surpassed domestic revenue for the first time in 2020 and maintained that lead in 2025. The reported figures include income from box office receipts, streaming rights, television licenses, merchandising deals, and related events.
The financial spike was driven largely by the global success of the film Demon Slayer: Kimetsu no Yaiba: The Movie: Infinity Castle. The movie earned approximately $800 million worldwide, with a portion of that total arriving in 2026. In Japan, the film collected $250 million, or 40 billion yen. This performance made it the highest-grossing Japanese film and the highest-grossing anime film in the country's history.
The previous installment in the Demon Slayer franchise also grossed 40 billion yen domestically but did not achieve the same level of international box office success. Kazuko Ishikawa, president of the Association of Japanese Animations and Nippon Animation, addressed the industry's structural needs during her opening remarks. She stated that building a supportive ecosystem for creators and their teams is vital to allow them to focus on storytelling.
Studio revenue rose by 8.4 percent to reach $3.2 billion. Foreign studios accounted for a record $880 million of that amount. The weak yen affects these conversions, reducing the dollar value of reported figures while increasing the value of cash repatriated by Japanese animation companies from overseas earnings.
The Japanese government has set a target for overseas sales of Japanese content to reach $130 billion by 2033 as part of its IP360 strategy. Anime is projected to contribute 6 trillion yen, or roughly $40 billion, to that goal. Masahiro Hasegawa, chief editor of the industry report, noted that anime titles dominate viewer ratings on IMDb. The Attack on Titan series holds the top spot, while Death Note ranks third, positioned between Rick and Morty and The Simpsons.
The 2025 market figures follow a previous year that saw nearly 15 percent growth to a record $25 billion. The industry's total market size has nearly tripled since the association began tracking these statistics in 2002.
Source: The Hollywood Reporter
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