Ultraman: new series, collabs, drops and resale.
Summaries are AI-generated
Blokees achieved 10 billion yuan in revenue in just two and a half years, but relies heavily on Ultraman. New IPs like Pokémon underperformed. The company expanded via low-price products and all channels, causing declining gross margins and lower channel efficiency, facing transition pains.
Kayou updated its prospectus for a Hong Kong Main Board listing. Revenue exceeded 10 billion yuan in 2024, with a 71.1% market share in trading cards. The company operates a matrix of 70+ IPs, featuring core products like Ultraman, My Little Pony, and Nezha collab cards.
Kayou filed a prospectus on April 14 to pursue an HK IPO. In 2024, the company reported revenue of approximately 10.057 billion yuan, with TCGs contributing 81.5% of total income and holding a 71.1% market share in the TCG segment of the entertainment toy industry.
Kayou filed for IPO, with revenue rising from 4.13 billion yuan to 10.057 billion yuan and net profit reaching 4.466 billion yuan from 2022 to 2024. Trading card business accounts for over 80% of revenue with a gross margin of about 67%.
Kayou Limited filed a prospectus for listing on the Main Board of the HKSE on January 26, 2024, with Morgan Stanley, CICC, and JPMorgan as joint underwriters.
Blokees Group has filed a prospectus with the Hong Kong Stock Exchange for a main board listing. The company reported 877 million yuan in revenue in 2023 and accumulated losses exceeding 1.1 billion yuan from 2021 to 2023. The prospectus highlights the company's heavy reliance on licensed IPs like Ultraman and Transformers, with some licensing periods expiring soon.
Kayou Limited filed a prospectus with the HKEX on January 26, 2024, for listing on the Main Board. While its 2019 revenue exceeded 4 billion yuan, card business revenue fell 46.55% year-on-year in the first nine months of 2023, and stationery business revenue dropped 51.87%.
Kayou filed a prospectus on Jan 26 to list on the Main Board. Q3 2023 trading card sales dropped 49.44% YoY to 1.04 billion packs, with revenue of 1.952 billion yuan, heavily reliant on the Ultraman series.
Bandai announced that the S.H.Figuarts UltraMan Max figure will open for reservations on October 1, with a planned release in April 2027 priced at ¥9,350. Standing about 150 mm tall, it includes the Maxium Sword, Maxium Cannon effect part, Max Galaxy wrist attachment, and features a pull‑out waist joint for a deep forward bend.
Bandai has announced the productization of an S.H.Figuarts Ultraman Antla 60th Anniversary Edition figure, confirming its development. The figure will feature high articulation and detailed sculpting to capture the classic look of the magnetic monster, commemorating the franchise’s 60th anniversary. Release date and price remain undisclosed, with the announcement posted on the Tamashii Nations official X account, likely drawing interest from fans and collectors.
MegaHouse’s ‘Ultimate Article: Return of Ultraman’ figure is now available for limited pre‑order through AmiAmi, priced at ¥36,080 and slated for a February 2027 release. Standing about 400 mm tall, the PVC/ABS figure features built‑in light and sound gimmicks with selectable eye LEDs, a color timer, transformation and attack sound effects, two BGM tracks, and interchangeable arms and a left glove.
From Jan 28 to Feb 1, Blokees showcased multi-IP building blocks and BFC creator works at the Nuremberg Toy Fair, highlighting its global strategy.
Blokees appeared at the 22nd China International Toy Expo on October 16, showcasing new and classic products from Marvel, Kamen Rider, Ultraman, and other series, and won the 'China Toy Industry Quality Manufacturing Award'.
