Founded in 1972 by Toru Hara after he left Creator/ToeiAnimation after many staff members of Toei were thinking that the studio was jumping the shark, Topcraft was Creator/RankinBass's non–stop-motion unit in Japan. The studio mostly did TV specials, series and a few movies for Rankin-Bass, including ''WesternAnimation/TheLastUnicorn'', ''WesternAnimation/TheFlightOfDragons'' and ''WesternAnimation/TheHobbit'', as well as Creator/HayaoMiyazaki's ''Manga/NausicaaOfTheValleyOfTheWind'' and several episodes of the Anime/LupinIIIRedJacket series, ''Anime/TimeBokan'' and ''Anime/MazingerZ''[[note]][[ confirmed here]][[/note]]. Many people got their start with Topcraft, like ''Anime/NeonGenesisEvangelion'' creator Creator/HideakiAnno.

The studio went under in 1984 (after which for a year Topcraft did some outsourcing for other Japanese studios and ''Anime/AdventuresOfTheLittleKoala'', after that the studio went out of business in 1985 of which Hayao Miyazaki and Isao Takahata bought the company after it went out of business and turned the company into Creator/StudioGhibli) when Miyazaki took 70% of its staff (alongside Toru Hara) and co-founded Studio Ghibli after ''Nausicaa'' came out. After that, 10% left Topcraft when the studio got worse. They included Hideaki Anno, when he and others founded Creator/StudioGainax. The remaining 20% went to work for Pacific Animation Corp. to produce Creator/RankinBassProductions' ''WesternAnimation/ThunderCats'' and ''WesternAnimation/SilverHawks'' until Creator/{{Disney}} bought that studio in 1988. And later became [[Creator/TMSEntertainment Motoyoshi Tokunaga's]] [[Creator/WaltDisneyAnimationUnits Walt Disney Animation Japan]]. In any event, Topcraft will forever be remembered as a footnote in the history of animation and for Hayao Miyazaki's ''Nausicaa''.

See also Creator/StudioGhibli where most of their staff members went to work for after Topcraft went out of business, and Pacific Animation Corp. which later became [[Creator/WaltDisneyAnimationUnits Walt Disney Animation Japan]].