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The studio was founded by George Wada, a former employee of Production I.G, in 2012. After its founding, Tetsuya Nakatake was placed as the representative director of the studio. Several other former Production I.G staff members joined Wit after its founding, including animation directors Kyōji Asano and Satoshi Kadowaki, and director Tetsurō Araki, all of whom worked together on Attack on Titan.
Wit Studio was funded with an initial investment of ¥30,000,000 in capital from IG Port, Wada and Nakatake, who are reported to own 66.6%, 21.6% and 10.0% equity in the studio respectively.[3][4]
In December 2020, Wit Studio established a stop motion studio in partnership with Pui Pui Molcar director Tomoki Misato.[5]
In May 2022, Wit Studio in partnership with Aniplex, CloverWorks and Shueisha formed a new company called JOEN. The company's objective is to facilitate the planning and production of television anime series, anime films, and short clips.[6]
^"IGポート アニメ企画・制作子会社設立 「戦国BASARA」などのプロデューサー役員に" [IG Port Establishes New Animation Planning and Production Subsidiary Headed By Sengoku Basara Anime Producer]. animeanime.biz (in Japanese). April 20, 2012. Archived from the original on July 20, 2020. Retrieved April 20, 2012.
^"進撃!巨人中学校×進撃の巨人"進撃祭"Reading & Live Event イベントレポート" [Attack on Titan Junior High x Attack on Titan "Adventure Festival" Reading & Live Event Report]. shingeki.tv (in Japanese). July 4, 2016. Retrieved July 4, 2016.
^「GREAT PRETENDER」続編が2024に全世界展開、ドロシー登場のビジュアルとPVも ["GREAT PRETENDER" sequel will be released worldwide in 2024, visuals and PV featuring Dorothy have also been released]. Natalie (in Japanese). November 17, 2023. Retrieved November 18, 2023.