Why are people pirating?

Piracy is not a clear cut problem that some people think it is. Yes, it does hurt the industry, but you have to look at the reason why piracy is prevalent. 

Go on, ask people why they pirate, and you will get a wide range of answers. There are people who "try before they buy." If they like the show, they'll buy the home video release. If not, well, they weren't going to buy it anyway.

You have people who would buy, but they live in an ignored market. Theoretically, you could import the Japanese or U.S.. version, but currency exchange rates and shipping may make that a near impossible option.

There are also people who like anime, but don't have the finances to currently buy a series. When given the choice between putting food on the table or buying Love, Chunibyo & Other Delusions, I think most people would choose the food. That doesn't mean they won't buy the series once they get money in the future.

And then there are some people who don't like buying shows but will buy boatloads of merchandise. The music and film industry does make a large portion of their revenue from merchandise and it's an ongoing revenue stream where you can release new products for decades. More merchandise and buying options could be the future of entertainment.