Yoshimoto Kogyo Co., Japan's leading entertainment production house, said Thursday it plans to produce about 20 movies over the next three years with Hong Kong firms, targeting markets in China and other Asian countries.
Hiroshi Osaki, a Yoshimoto director, told a news conference in Hong Kong that the company hopes to tap the lucrative Chinese market through its cooperation with Hong Kong companies.
"Looking at the industry in Hong Kong, it has excellent movie directors, and the moviegoers are of high quality," he said. "As we establish relationships in Hong Kong, we can make excellent movies for other Asian countries, including China."
Osaki said his company is also exploring television production opportunities in China.