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Toho Makes 1st Japanese Godzilla Film in 12 Years

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Edwards' film has opened in 63 countries and territories, and has earned over 57 billion yen ($470 million) worldwide, including 3.2 billion yen (US$26 million) in Japan alone.

Production of the new film will run from summer to fall of next year, and TOHO is assembling the staff. It will have no direct ties with Edwards' film, but will instead be an entirely new Godzilla film. Edwards and Legendary Pictures are separately sequel to their own film.

TOHO proclaimed, "The time has come to make a film that will not bow down to the Hollywood film," thanks to a combination of rapidly improving filmmaking techniques (as exemplified by the ongoing films) and know-how developed over the years in Japan.

TOHO is also inaugurating the Godzilla Conference or "Godzi-con," a organization to discuss and determine the strategy of Godzilla projects — including but not limited to the new film — in response to the growing Godzilla fandom bolstered by Edwards' film. It is now mainly composed of TOHO staff , but TOHO is considering adding other creators and businesses to explore new project possibilities.

Source: Cinema Today via Hachima Kikō