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Toho CEO says self-distributing Godzilla Minus One in the US "wasn't a strategy"

At the Tokyo International Film Festival, Toho CEO Matsuoka Hiro said the company's 2023 decision to distribute Godzilla Minus One in the US itself came from a chance remark by US exhibitors, not a plan. The film was a hit, and Toho's follow-up opens on 6 November.

2 outlets · 1L · 1C · 0R First reported Account updated
Image: Deadline
Image: Variety

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The story, neutrally told

Mixed · 2Toho CEO Matsuoka Hiro said at a Q&A at the Tokyo International Film Festival on Thursday 29 October that the company's decision to distribute Godzilla Minus One in the US itself was "all a coincidence" and "wasn't a strategy; we just tried". Left · 1He spoke in an "Academy in Tokyo" session alongside Bill Kramer, CEO of the Academy of Motion Picture Arts and Sciences. Mixed · 2Matsuoka said that on a US trip after becoming Toho's president, people from the exhibitors' union told him Hollywood studios were not making enough films, and suggested he consider anime. That, he said, made him realise anime was popular in the US, and because Toho already had Godzilla, it decided to distribute the franchise there.

Mixed · 2He said colleagues at Toho were concerned when he proposed the release, since the company had repeatedly failed to distribute its films successfully outside Japan, particularly in the US. The film then succeeded and, he said, brought profit to Toho. Mixed · 2Godzilla Minus One, directed by Takashi Yamazaki, opened in the US in December 2023 with more than $11.4 million in its opening weekend, the biggest US debut of a foreign film that year according to Deadline. Variety reports it went on to gross $57.1 million in North America. Mixed · 2Toho's follow-up, Godzilla Minus Zero, opens in Japan on 3 November and in North America on 6 November, distributed there by Gkids. Variety says Toho acquired the US distributor in 2024.

Left · 1Variety also reports the wider conversation, in which Matsuoka said theatrical and streaming were "more like coexisting than enemies" and called AI a tool that could maximise workflow but needs close watching. Kramer said Asia is "an extremely important market", that 25% of the Academy's voting members are outside the US, and that the Academy continues to reward human authorship.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

Left1 outlet

Framing
Variety presents the remarks as a turning point in Toho's global approach, then widens to the whole Academy in Tokyo session, including streaming, Asia's market share and AI.
Emphasis
Total North American gross ($57.1m), Toho's 2024 acquisition of Gkids, and Kramer's comments on the Academy and AI.
Leaves out or plays down
Does not mention the opening-weekend figure or the record as the biggest US foreign-film debut of 2023.
For example
“was a turning point in the company’s approach to the global market” — Variety
“The broader conversation turned to how theatrical exhibition and streaming can serve different roles in reaching audiences.” — Variety

Centre1 outlet

Framing
Deadline leads with Matsuoka's "coincidence" quote and keeps tightly to the question of why Toho re-entered the US market.
Emphasis
Box-office record context (opening weekend, highest-grossing live-action Japanese film in North America) and Toho's earlier failures abroad.
Leaves out or plays down
Leaves out the discussion of streaming, AI and the Academy's international membership, and does not say Toho acquired Gkids.
For example
““It was all a coincidence,” Toho CEO Matsuoka Hiro said this afternoon” — Deadline
“the highest-grossing live-action Japanese film in North America” — Deadline

Right0 outlets

No right outlet in our sources has covered this story yet.

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