Gainax, Legendary Anime Studio Behind Evangelion, Files for Bankruptcy

After 40 years of operation, the studio cites financial mismanagement and massive debts as primary causes for its closure.

Gainax has filed for bankruptcy at Tokyo District Court, effective May 29, 2024.
The studio faced financial troubles due to mismanagement and risky ventures since 2012.
Key intellectual properties like Evangelion will be managed by Studio Khara.
Khara and other former Gainax affiliates attempted to support the studio but could not overcome its debts.
Fans and industry insiders lament the end of an influential era in anime history.