In February of the same year, Makino ignored the proposal to boycott 'Toho Eiga Haikyu,' which was established in June of the previous year, by concluding the agreement among five companies, namely Shochiku, Nikkatsu, Shinko Kinema, Daito Eiga and Makino Talkie.
同年2月、松竹・日活・新興キネマ・大都映画・マキノトーキーの五社協定を組んで、前年6月設立の「東宝映画配給」をボイコットしようという申し入れをマキノは黙殺した。