Link-U Raises 917 Million Yen From Crunchyroll In Capital And Business Alliance
Crunchyroll is buying equity in the company that builds Crunchyroll Manga, tied to Link-U's same-day disclosure of a goodwill impairment on Romanz and its mid-term plan to maximize IP value.
Reporting from 1 source: GameBusiness.jp.
Link-U Group will issue about 1.07 million shares to Crunchyroll Co., Ltd. at 856 yen each, raising 917 million yen and giving Crunchyroll a 7.03% stake as fourth-largest shareholder. The business alliance covers overseas manga distribution, infrastructure, and discovery using an IP data foundation. Link-U also reported revenue of 4.8 billion yen for the fiscal year ending July 2026, with operating profit at a loss of 483 million yen.
Link-U priced the third-party allotment at 856 yen per share, roughly 6% below the closing price on the 14th, and disclosed the deal after the close. The same announcement carried the full-year results for the fiscal year ending July 2026: revenue of 4.8 billion yen fell short of forecast, operating profit turned to a loss of 483 million yen, and the company impaired goodwill on acquired Romanz Co., Ltd. Adjusted operating profit excluding one-time losses was 403 million yen, up from the previous fiscal year. Crunchyroll Manga launched in the United States and Canada in October 2025 under a joint development agreement the two signed in September 2025.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.
Sources
- GameBusiness.jp Link-U、クランチロールと資本業務提携―約9億円を調達、第4位株主に