Theophrastus wrote:The reasoning behind the suggestion that Toei is holding Funimation's release back (or, at least my personal reasoning for thinking that) is that Funimation's release is all but guaranteed to be direct-to-DVD/Blu-Ray.
Japan and North America share the same Blu-Ray region coding (Region A), so it requires zero effort for someone in Japan to import a US Blu-Ray and watch it. Because of this, Japanese anime companies tend to forcibly hold back US Blu-Ray releases until the Japanese releases have been out for a certain amount of time, because the Japanese releases are incredibly expensive and the companies know that savvy Japanese fans, given the opportunity, will happily import the much cheaper US releases for 1/3 of the price and just watch those with the Japanese audio track turned on.
The assumption is that Toei wants to get the maximum possible amount of money from their own Kai Blu-Rays before allowing Funimation to release their version, because there's a decent chance that no one will want to spend the extra money to buy Toei's domestic release after that happens.
That theory, while plausible, still brings two points to mind.
1) Even if FUNimation did hold out until Toei released it first, FUNimation's release would still be cheaper. So the problem of a cheaper alternative is still present, even if FUNimation does hold out until Toei gets it first.
2) Granted, Toei is treating
Kai as a different property than DBZ...having said that, the Japanese version of DBZ* did get a DVD release through FUNimation before Toei released any DVDs, so why would this be different? We were the first to get the Japanese version of DBZ on DVD. For a number of years, buying FUNimation's DVDs was the only legal option of seeing the Japanese version of DBZ on DVD. So Toei allowed for that once...I wouldn't be surprised if they allowed for it again.
*
As in the TV show, not the movies.