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NewsNJPWBushiroad Q4 2023 Financials Report Dismal Sports Revenue

Bushiroad Q4 2023 Financials Report Dismal Sports Revenue

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The Wrestling Observer Newsletter is reporting that Bushiroad, the parent company of NJPW and STARDOM, has posted its 2023 Q4 earnings report, with sports revenue taking a major hit.

Bushiroad’s sports revenue was down from Q4 2022, partially due to fewer STARDOM events. Between NJPW and STARDOM, Bushiroad fetched in 1.367 million yen ($9.1 million).

It is to be noted that Q4 is usually lower for Bushiroad, as the bigger shows happen earlier in the year.

The total revenue for Bushiroad was 10,554,000 yen ($70 million), with wrestling making up 13% of that figure.

Sports business was down 10.7% from Q3 and down 14.9% from the year before. The losses increased from $300,000 to $800,000.

From July to December, the overall revenue was down 3.9% from the previous year.

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