NBCUniversal Entertainment Japan
Though their Japanese operations were initially planned to be kept intact, United International Pictures withdrew from the Japanese market in late 2007. As a result, Paramount Pictures started handling their Japanese distribution of their movies themselves until January 31, 2016, when they formed a distribution alliance with TOWA PICTURES Company, Ltd. for Japanese theatrical distribution of their films, starting with "The Big Short" on March 4, 2016. Universal Pictures Japan also formed distribution alliances with TOHO-TOWA Company, Limited for theatrical distribution and Geneon Entertainment (now NBCUniversal Entertainment Japan) for home entertainment distribution.