Reiwa era (2016–present)

In December 2014, Toho announced plans for a new Godzilla film of their own for a 2016 release. The film is intended to be Toho’s own reboot of the Godzilla franchise and is co-directed by Hideaki Anno and Shinji Higuchi (both who collaborated on the anime Neon Genesis Evangelion), with the screenplay written by Anno and the special effects directed by Higuchi. Principal photography began on September and ended in October with the special effects work following in November that year. Shin Godzilla was released in Japan on July 29, 2016, in IMAX, 4DX, and MX4D to positive reviews and was a box office success. Although Reiwa period in Japan began on May 1, 2019, Shin Godzilla and anime trilogy of Godzilla films are part of this era which began with former film in 2016.

In August 2016, Toho announced plans for a trilogy of anime Godzilla films with Polygon Pictures animating the films and Netflix distributing the trilogy worldwide, except in Japan where each film will be given a theatrical release by Toho. The first film, titled Godzilla: Planet of the Monsters, was released on November 17, 2017. The second film, titled Godzilla: City on the Edge of Battle, was released on May 18, 2018. The third and final film in the trilogy, titled Godzilla: The Planet Eater, was released on November 9, 2018.

In May 2018, Toho’s Chief Godzilla Officer Keiji Ota revealed that a sequel to Shin Godzilla will not happen, but revealed plans for a “World of Godzilla”, a shared cinematic universe between Godzilla and other Toho monsters after 2021. Ota cited the Marvel Cinematic Universe as an influence, with plans to release a new film every one to two years. Ota stated:

“After 2021, we’re thinking of a potential strategy that [releases] Godzilla movies uninterrupted at a rate of every two years, although there is a preference for a yearly pace as well. The future of the series and its forwarding developments are very conscious of the method of “shared universe”. Godzilla, Mothra, King Ghidorah, etc. could all share a single world view much like a Marvel movie where Iron Man and the Hulk can crossover with each other. It is said that each movie can be a possible film production where any one of them could lead a film of their own as the titular character.” – Keiji Ota, translated from Nikkei style.