CyberAgent Partners With MAPPA, Acquires Stake in Parent Company MHD

CyberAgent announced a new business partnership with animation studio MAPPA and acquired an undisclosed stake in MAPPA’s parent company, MHD Co., Ltd. The companies revealed the alliance on November 11, stating that the investment aims to deepen existing collaborations across anime planning, production, broadcasting, streaming, games, merchandise, and events. While specific financial details were not shared, the agreement combines MAPPA’s animation capabilities with CyberAgent’s expertise in media, advertising, and intellectual property development.

This move supports MAPPA’s broader expansion beyond pure production, which includes licensing operations and its music label, mappa records. For CyberAgent, the partnership aligns with its strategy to strengthen domestic and international IP growth following the establishment of its Anime & IP Division in 2024. The two firms have previously collaborated on distribution through ABEMA and game adaptations, with this new pact intended to facilitate longer-term cooperation between the entities.