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Level 5 is currently doing various promotions to celebrate the anniversary, such as free (though likely not subtitled or dubbed) online screenings of the films with director's commentary.
this was once absolutely massive in Japan for a while, with the games selling millions of copies and receiving numerious pieces of merch (including a tie-in Just Dance game, of all things.)
Nintendo even recognized the wave, and made sure to have it's localization be a 1st-party published game. while it didn't sell particularly well, it did lead to a particularly famous and absurd Nintendo Direct moment.
"Bill! Bill! Bill! Bill!"
the popularity wave eventually ended in Japan as well, but Level 5 has stated that they plan to release a new installment soon.
i didn't actually pick up any installments of the series when it was new, but i do have the actual physical Yo-Kai Watch toy thanks to Toy's R Us going bankrupt around the same time stock for those were filling western store shelves.