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Index Corporation's stake in Madhouse fell from 60.91% to 10.54%. NTV bought 128,667 new shares (each ¥7,772) issued by Madhouse for ¥999,999,924 total (about $12.4 million), raising its stake in the company from 10.4% to 84.5%. On February 8, 2011, Nippon TV became Madhouse's primary stockholder (replacing Index Corporation), via a third-party allocation of new shares. In February 2004, Madhouse became a subsidiary of Index Corporation. Madhouse was established in 1972 by ex– Mushi Production animators, including Masao Maruyama, Osamu Dezaki, Rintaro and Yoshiaki Kawajiri, with funding from Yutaka Fujioka, the founder of Tokyo Movie, and co-produced its earliest series with Tokyo Movie.

4.1 Non-Japanese productions/Commission work/Foreign production history.

The company has animated a number of CLAMP's titles, including Tokyo Babylon, two versions of X (a theatrical movie and a TV series), Cardcaptor Sakura and its sequel Clear Card, and Chobits. Madhouse produced adaptations of Urasawa's Yawara!, Master Keaton and Monster, with Masayuki Kojima helming the later two. The studio often collaborates with known manga artists, including Naoki Urasawa and Clamp. The studio was also responsible for the first Beyblade anime series as well as the Dragon Drive anime and the 2011 anime adaptation of Hunter × Hunter. Their staff roster expanded in the 2000s to include Mamoru Hosoda, Takeshi Koike, and Mitsuo Iso, as well as many younger television directors. Expanding from the initial Mushi Pro staff, Madhouse recruited important directors such as Morio Asaka, Masayuki Kojima, and Satoshi Kon during the 1990s.

Unlike other studios founded at this time such as AIC and J.C.Staff, their strength was and is primarily in TV shows and theatrical features. Madhouse has created and helped to produce many well-known shows, OVAs and films, starting with TV anime series Ace o Nerae! (produced by Tokyo Movie Shinsha) in 1973, and including Wicked City, Ninja Scroll, Perfect Blue, Vampire Hunter D: Bloodlust, Trigun, Di Gi Charat, Black Lagoon, Death Note, Paprika, Wolf Children, Parasyte: The Maxim and the first season of One-Punch Man. ( 株式会社マッドハウス, Kabushiki-gaisha Maddohausu, stylized as MADHOUSE) is a Japanese animation studio founded in 1972 by ex– Mushi Pro animators, including Masao Maruyama, Osamu Dezaki, Rintaro and Yoshiaki Kawajiri. Sonic Advance Sonic CD Shadow in Sonic: On Line Friday Night Funkin ': Sonic the Hedgehog FNF Vs Sonic Exe online (Friday Night Funkin) Sonic 3 and OVA Sonic Sonic Advance 3 White Sonic in Sonic Knuckles Sonic 2 - Anniversary Edition Sonic.EXE Sadness Sonic 1: Team Adventure Sonic 3.Madhouse Inc.