Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ

With major players out of the picture, CODA and other agencies will likely shift their attention to Nyaa in a bid to curb the copyright infringement that has reportedly bled the anime industry dry for years.

Yeah, it is piracy that is bleeding you dry, not the overly expensive merchandise or archaic business practices. And it surely isn't the lack of simultaneous international licensed releases while operating at a scale that assumes such sales.

Japan's entertainment industries have always been archaic and draconian. If you want to operate on an international scale you need to abide by international practices, and if you operate only on a local level then you can't use international piracy as an excuse for a lack of sales.