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Tsuburaya Productions was formed in 1963 by the special-effects wizard Eiji Tsuburaya, so that he was able to work on side projects alongside his special effect work for Toho. In 1966, the company produced its most famous creation, Ultraman, which went on to create an entire franchise that continues to the present day. When Eiji died in 1970, the studio was transferred to his family, who continue to run the studio to this day. Bandai currently owns several substantial shares in the studio after it fell into financial difficulties in the 1980s, and the toy company is responsible for producing merchandise for each show that the studio makes.
Collaborations with other film studios
- Daigoro vs. Goliath (co-produced with Toho)
- The Last Dinosaur (co-produced with Rankin/Bass and distributed by Toho)
- Rosetta the Masked Angel: Rosetta vs. Freia (co-produced with Toho)
- Due to the studio's close ties to Toho, numerous Ultraman episodes were directed by Toho staff. The most famous of these is the first episode of The Return of Ultraman, All Monsters Attack. This episode was directed by Ishiro Honda, who was also famous for directing many of the Showa era Toho films.