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New Japan Pro Wrestling is doing good!

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New Japan Pro Wrestling is doing good!

Post by RAGE on Fri May 19, 2017 1:16 pm

Straight from Dave Meltzer

>New Japan’s business has improved overall significantly as they are looking at 16 percent growth from last year.

>In the last fiscal year, which is summer-to-summer, New Japan grossed 3.2 billion yen ($28.8 million). They are projecting 3.7 billion ($33.3 million) for this fiscal year. They are projecting 4.5 to 5.0 billion yen ($41 to $45 million) for the 2017-18 fiscal year.

>They have already more than quadrupled business since 2011, which was when they had bottomed out.

>If growth continues at the same level, they’ll have their biggest grossing year ever in either 2018 or 2019.

>Owner Takaaki Kidani, who held a business press conference before the open of the Best of the Super Juniors tournament, noted that the one area they are strongest in is merchandise sales.

>New Japan does far more per head than WWE, often more than $25 and up to $35 per head at house shows with big sellers like LIJ, Bullet Club and Tanahashi, while WWE does just over $10 per head on average, although much more for WrestleMania. But that is the only category they are competitive in.

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