BUSHIROAD, the parent company of New Japan Pro Wrestling, have filed for an Initial Public Offering, which could potentially mean that they are planning to go public in the near future, according to a report from Dave Meltzer of The Wrestling Observer who has notes on the filing.
According to the report, New Japan World subscribers currently stand at 100,000, the same number that NJPW President Harold Meij quoted in July of last year. The attendance meanwhile was listed as 400,000 over 160 shows, which comes in at an average of 2,500 paid per show. BUSHIROAD as a company made $270 in revenue per the report, with $46 million of that coming from New Japan Pro Wrestling.
In regards to Harold Meij, the report notes that Meij’s salary is listed as $691,000 per year, however that is unclear as to whether that comes from his role as New Japan Pro Wrestling, his role as Director of BUSHIROAD or a combination of both. Meij’s contract will expire in mid-to-late 2020, while he currently holds 452,000 shares of BUSHIROAD stock, meaning that he holds a 3.01% ownership of the parent company, with those shares worth approximately $5 million.