Toei Animation Phils., Inc. is a 100% subsidiary of Toei Animation Co. Ltd., the largest animation company in Japan which is often referred as the Disney of the Orient.
Toei Phils. was established in 1986 thru a Memorandum of Agreement between Toei Animation Co. Ltd and EEI Corp., a local construction company then known as Engineering Equipment Inc. thru its subsidiary, Industrial Training Corp. of Asia (ITCA).
ITCA was to provide manpower services for painting animated cels from Toei. In 1990, the joint venture between EEI and Toei was registered with the Securities and Exchange Commission. The company was then known as EEI-TOEI Animation Corp., with EEI as the majority owner.
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