Both NJPW and STARDOM fetched profits for parent company Bushiroad at the end of the latest fiscal year, the WON reports.
New Japan Pro Wrestling had $36.4 million in revenue and a $1.60 million profit. Meanwhile, STARDOM had $10.53 million in revenue and a $1.72 million profit.
Bushiroad had a drop in stocks after its quarterly report was released. Stocks were down 35% in two days, but it didn’t have anything to do with wrestling.
While both NJPW and STARDOM generated profits, the figures were lower than before the COVID-19 pandemic.
Speaking of NJPW, foreigners are paid in dollars. As the Japanese Yen is weaker than the United States Dollar, it costs more to pay foreigners.
