Toho (9602 JP): Overseas trends for Godzilla, new Spy x Family movie

According to Box Office Mojo, Godzilla Minus Zero, which opened in North America on 6 November, took in box office revenues of $31mn in its first three days. This represents a strong start versus $11mn for Godzilla Minus One, the previous title in the series. It also marks an all-time high opening for a foreign live-action film in North America, exceeding the $18mn recorded by the Chinese movie Hero, which was released in 2004. A recent similar hit was Street Fighter, which was released in October and opened with box office revenues of $31mn. Given that this film took in $57mn in less than a month after release, we think Godzilla Minus Zero could achieve a similar level of success. Expectations are high that it will surpass the $57mn final box-office total of the previous film, and we will be closely watching how revenues build up. At a special event for anime Spy x Family on 8 November, Toho announced production of season four of the TV anime series and a second theatrical release, wi