Their Q2 results met the company's forecast, but if you look at the graph, you will see why investors got turned offTheir Q2 is significantly lower than Q1, and comparing to last year, barely any changes. This means investors had OVERESTIMATED their result as they are expecting Anycolor to earn at least 15 billion yen or more, but in reality they made LESS REVENUE THAN COVER BY 2 BILLION YENAs a result, unlike previous results where their stocks would hit limit high, this time they are mass selling the stocks as it is over-valuedAnd in case you are wondering, NijiEN hit record low of revenue and for the first time they couldn't even earn half a billion yen now
>>107525636When I saw the company-wide YoY was up by only 6.6% I knew the EN numbers would be badBut Jesus Fucking Christ the branch is down 35.8%
>>107525702>Commerce halved comparing to 3 months agoAnycolor really did not hide the fact that they stop caring about NijiEN. Even the merch has become rare for this broken branch, and somehow Western sisters still stand by this company when they themselves don't receive shit
Merge
>botting will save NijiEN, we’re so b—>ACK
they revised the forecast upwards the second time so the Q3 and Q4 will be very good to do that
>>107525636>Less revenue than coverBut sistahs tell me investing on niji is better than cover and cover is dying??
>>107525925It must be hard to explain that
I guess this is a good thread to show this
>>107525966May Indonesia get hit with another typhoon
>>107525636Watch it, you’ll make them spam Cover stock graphs again
Time to buy the dip, they're filling the cookie jar. Inhousing the goods production line really is a genius decision since it allows them to legally designate the revenue of certain goods lines in whatever quarter they like.
>>107525966their Q1 + Q2 are above Cover by 5bil yen
>>107525636>less revenue than Cover who got absolutely raped by tariffshow does that even happen
Lmao
>>107526005Pretty much this. Moving whichever merch line to whichever quarter they want and revise forecast upwards
>>107525964Yeah, upward with the margin of like 2 billion yen. The revision is so miniscule that they might as well don't post the revision at all and just save it for Q3 or something
>>107526034>investment in human resourcesMy sides
>>107526017So much for that
23/4 debuts are really strong, wonder if Cover would disclose similar metrics
>>107525636what's the point of botting again?
>>107525702Nijibros...
>>107526212It makes sisters feel better about their favorite organ’s noombers
>>107525811Fucked by tarrifs too
>>107525811Oh, it gets funnier: The combined revenue of Q1 and Q2 FY26 (May-Oct 2025) is less than the revenue of Q1 FY24 (May-July 2023)And not just in terms of overall revenue, but also in each individual category of revenue.>>107525983That would be an interesting question for the shareholders to ask the AC suits - if the EN branch's KPI is up, then why is its revenue down, and why is it down by so much?>>107526082Financial disclosure laws are a thing. They couldn't not publish that revision, despite being basically a rounding error compared to last quarter. And in any case, the overall numbers are looking well enough that tomorrow's trading probably won't crash to the lower circuit breaker........unless the investors start to wonder out loud about the discrepancy between EN's KPI increase and EN's revenue decrease.
>>107525702What does 495 represent in the last EN quarter? 495000 yen? That's 3,159.48 USD
>>107526268Tariffs were a non-factor before FY25 Q4, and are a non-factor for merch sales outside of the US
>>107525636>Their Q2 is significantly lower than Q1Looking at their graph, their Q2s are usually lower than Q1, though. It seems that their Q1 in FY25/4 was just particularly low for some reasons>NijiEN hit record low of revenueDoesn't matter much. Profit is the king. Cover has a lot of revenue too but they are in the gutter because their profit is shit compared to AnyColor
This time for sure sisters!
>>107526335495 Million JPY (look at the top left corner), so x1,000 that
I remember in some interview a while ago saying they are expecting the EN revenue to bottom out at Y26/Q4 before restarting initiatives. so expect this humiliation to continue at least two more quarters.
>doesn’t matterThe cope has already begun
>>107526335495 million yen, not 495 thousand yen. All the numbers in that chart are in millions of yen.That's $3,159,090 USD, or just over a million bucks a month. And decreasing.
Isn't Anycolor really gonna suffer with China increasing pressure on Japan, throwing japanese visitors out etc? All of the cheap shit Niji merch is obviously made in China, and its cheapness to manufacture was a major reason they had big returns on merch
>>107525702No milly? No 5 hundry?
>>107526391A million dollars a month is a nice chunk of change tho. I don't see them closing Niji EN anytime soon. They'll just add more boys to please their thirsty fans & keep squeezing them for all they're worth
>>107526444So is Holo merch, and they even are trying to beg Bilibili to crawl back to CN
>>107526497It's better than anything non-Holo / non-Niji, yes, but keep in mind that that was revenue, so profit should be considerably lower since they have to pay their livers and employees too (plus whatever other expenses we aren't aware of, COGS for merch for example)
>>107526501Uh oh melty
>>107526520>they have to pay their livers
>>107525636The q2 is still higher than the one from last year even when it was a way weaker quarter in terms of events and merch, I don't know how the suits will take it, but this seems like a better result than cover who failed to meet their forecast this quarter.>>107526082Anycolor has always been really conservative, so that's normal for them.
Put in a limit buy of 100 lots at 5300 just now, easy money since they're setting up to overshot in q3 reports, these cunning bastards.
>>107525636>Q2 worse than CoverThat's no good
>>107526922Higher profits, though
>>107525702In Q2 2024, EN's revenue was 24% that of JP's. In Q2 2026, it's down to 5%.
>>107526821only brainless investors that can't read and buying on margin are fuckedif they are confident enough to revised the forecast upwards the second time then it will be free money in the 2h of the fiscal year
>>107527364You know the "revised" earnings are a drop in the bucket right?
>>107526922anycolor Q1+Q2 = 26.327 bil >>> cover Q1+Q2 = 21.753 bil
>>107527453Here comes the cope
less events so less commerce, woah
>>107527013that can be a mixed bag, a company which is more optimistic might reinvest a larger portion with the expectation that they'll have a higher return in investment since they expect the following months/years will go in their favor. But on the flipside they could be not investing as much at the moment because they are waiting to accumulate funds for a large project.Either way, to say that cover/anycolor is doing better/worse based off of Q2 margins doesn't really hold any weight, it's better to look at what the companies are planning (expansion, events, more commercialization, etc) and not quarterly reports.
>>107525702what was the 158m yen in events again?
>>107526759The suits threw the tantrum because based on the previous pattern, Q1 should have been the weakest quarter and the remaining three go up like a normal upward trend, so when Q1 beat last year Q4, they really thought Anycolor will start making 15 billion yen minimum all quarters and leave Cover behind. Now it turns out the surprise was a fluke and their Q2 ended up way lower than their expectation and drew an ugly downward line that breaks the patternStrong-willed investors may say that the surprise will happen again, but if the last two quarters don't create a U shape leaning towards the upward side then Anycolor will meet a wave of mass selling because right now investors are expecting Anycolor to become the next bitcoin that increase revenue by ten-folds
>>107527915Riku's yatch party. and no, livers weren't invited.
>>107527915AR Live, Virtual Rhapsody, and something else I forget. Basically either 2D shit or stuff they already were sitting onThe -8 was them trying to do the summer jam and it exploding in their face from lack of sales. Note how they've tried absolutely nothing with events since.>>107526228>>107525636>>107525702What the fuck happened? Did sisters stop buying merch? Did they stop selling merch? This is horrific
>>107527961>Now it turns out the surprise was a flukebut it wasn't a surprise, they straight up outlined in the last report that Q2 was going to be the weakest for the FY. You can't help it if investors are retarded.
>>107528175It was only AR live.Virtual Rhapsody or anything else like that is considered promotions.
>>107528175>>107528212Oh ok. I had forgotten about that. I assume half of that cost was to edit out all the graduates between the time of recording and the time it actually released.
>>107528284Only one person was edited out which was selen everyone that was in AR live went to japan in the fall of the year before. All the girls had a offcollab after recording was done.https://www.youtube.com/watch?v=cjNiFKV81vE
>>107528175Selen shock
>>107528570>delusional dookieturdless impactful than a your mom joke
>>107528570I mean yeah, but not recently.
>>107525702They changed "-8" to "(8)" to make it look better in the report!! KEK!
>>107526228Uh oh, I spot something strange below the chart...
>>107528175I don't think there's really that many Sisters to begin with. They are just a loud, insane, noisy minority. Most of the "Sisters" who posted on here, particularly during the "Selen Shock" were just Twitter tourists who disapprove of the hobby or else friends of the troublemakers who were coordinating Discord raids.If the "Sisters" were really that numerous, NijiEN would be making bank. Instead they're very obviously imploding and all the shitposting in the world can't hide it.
>>107528697NIJISEETHE
>>107529131lmao
>>107525636Is OP retarded? "Investors got turned off" what does that even mean, there's been no reaction to the financial results in the stock price yet, the results get announced after trading for the day closes.
>>107530649It'll drop to around 5200-5300 tomorrow, also bringing cover down by around 5%. And then they'll use the buybacks to bring it back up to 6k. It's free money if you buy early.
>>107526300Nijisanji having to explain the bot strats and counter questioned how many in JP do it will nuke the company.
>>107525985I'm not sure what relevancy this is supposed to have to this thread? Doing a basic check up, it looks like someone is botting tiny superchats to Hololive streamers for some reason and it happened to mention Nijisanji once? Looking at it's other messages it usually mentions random Hololive members.https://www.google.com/search?q=Wakamiyashikaeda+hololyzerAll of that usernames superchats are going exclusively to Hololive vtubers never Nijisanji. Hololyzer tracks Nijisanji streams too so if it was superchatting then it would show up on Google too.
>>107530685I doubt it's going to go down, they hit their forecasted targets, increased their forecast for the remainder of the year and the dividend they expect to pay in line with that. Doubtful they will do any buybacks, they use dividends now to return shareholders a portion of their profits now. They only did buybacks back in 2024 before they started paying dividends and had loads of spare cash on hand.
>>107530843postmarket stabilized around 5.3k right now, the 6k valuation was caused by a ridiculous Q1 in the first place and investors just expect it to go to infinity despite the q1 report already saying q2 will be the weakest quarter.
>>107526228I thought that they started using only a single graphic bar merging both JP and EN revenues, did they go back to two separated ones?
>>107530941that graph is made by /#/
>>107530941we made it from the data provided in >>107525702
>>107531005kek based
>>107530873The first quarter doesn't seem particularly ridiculous. They forecast 14,600 at high end and got 15,700 instead. Just a bit too conservative on their estimates. Nothing that should result in massive jumps in share price. When you say ridiculous you'd expect that they massively outperformed their targets or something. Either way going down to 5,300 wouldn't be the much of a world ender considering they were trading at barely above 2,000 this time last year.
>>107531005ngl it's kind of funny to see people acting like going down by 100 million yen or so is some huge loss, especially when Cover explaining HoloEN merch had fallen short in expected sales by 500 million yen to 1 billion yen in their last financial results was hand waived away as just the tariffs.
>>107531257funny that sounds like nijinigger cope about the 10th straight quarterly decline in a row
>>107531345There nothing to cope about there it's just facts NijiEN has been declining in revenue basically continuously since April 2022. It's somewhat stabilized over the last year or so fluctuating around 500-800 compared to previously when it was just basically a straight slope down for years. I'd guess by 2025 Q1 almost all the casual fans and chinese fans has abandoned the branch and what's left behind now is a core hardcore audience that will stick with their oshis no matter what happens. Unless something changes NijiEN revenue will probably slowly decline into the future as people from that remaining hardcore fanbase naturally move on and nothing replaces them. But none of that really changes how funny it looks to see people acting like a 100 million yen decline is absolutely awful in the context of the a 500 million to 1 billion yen decline recently being treated as if it were nothing worth talking about.
Worst quarter for NijiEN since calendar year 2021
>>107531257It's just the tariffs, though, evidently as they also said it stabilized afterwards (when people got used to the tariffs).Meanwhile NijiEN has been consistently going down YoY for a long time. Not even "fluctuating", just down (YoY)
>>107531458>a 500 million to 1 billion yen declineWhere did you get these figures from?
>>107531633Not sure what you mean as they said it stabilized afterwards? The most recent statement on the matter was them blaming tariffs for the decline in sales of merch in their latest financial report.
>>107531685>Not sure what you mean as they said it stabilized afterwardsThis s what they said, taken straight from the Q&A session:>On the other hand, monthly EC sales from North American consumers had temporarily fallen to about half of the level of the same month of the previous year due to impact of the U.S. tariffs. Although they are now recovering, the situation still requires careful monitoring going forward.Yeah, sorry, they didn't just stabilize, they are even recovering.>>107531673>Where did you get these figures from?His ass. >Question: Would it be correct to say that the impact from April through June was in the low hundreds of millions of yen?>Kaneko: That is correct. That is my understanding as well.No one would call the upper half of the hundreds of millions "low hundreds"
>>107531673They come from covers own financial reports. Not sure why that other guys is lying to you and saying "his ass" . It's in the presentation for Q2. "EC demand of approximately 500 million to 1 billion yen per quarter has been lost due to the impact of North American tariffs and demand substitution between merchandise sales channels"
>>107529131this shit never get old, kek.
>>107532191>>107531762 (Me)>and demand substitution between merchandise sales channelsAnd those were keywords. I was talking about the impact of tariffs since that other guy was talking about results "hand waived away as just the tariffs".The direct impact of tariffs was smaller than that, as can be seen in the quotes from their Q & A session in my post
>>107532447 (Me)The point was that - it was just the direct and indirect effect of the tariffs (and not just the tariffs alone), so they didn't hand waived anything and (2) it was already recovering which reinforced that it was due to the tariffs (if it was due to other factors, the graduations for example, it wouldn't have started recovering that fast)
>>107526391>NijiEN is making millions of dollars a month>Here's why this is badPathetic Holodrone. This is probably more than what HoloEN makes
>>107529029Isn't that just standard practice for financial reports
>>107532514Meanwhile, we have multiple NijiEN members setting up Thrones and KoFis on their personal accounts because they're not making enough from Nijisanji, including Finana asking for money to pay off $15k in debt (1 big debt of 3)
>>107532570Yes it is, Cover does exactly the same thing if they have a negative. The people looking at this stuff for the most part have no idea what they're talking about or looking and are just here for my sportsball team good your sportsball team bad nonsense. It's a vtuber board not a finance board.
>>107526391A lot of that is merch sales which the livers get practically nothing from. The important number is the blue bar since the livers get 1/2 that money. It shows that all 30 of them are earning about $525k per quarter, or around $2 million/year. Some more some less, but dividing by 30, the average income is like $70k.
>>107532918>if they have a negativeThey don't have those
>>107532824>because they're not making enough from NijisanjiSource? Do you think getting money from more than one place means you don't make money? Hololive doesn't even pay their talents or artists
>>107534505>The important number is the blue bar since the livers get 1/2 that moneyThe blue bar is all 4 sources combined, while the livers only get 1/2 from Livestream and the voicepack part of Commerce. No way to tell how much of the Commerce is coming from voicepacks vs physical merch, but it's definitely less than the numbers in the blue bar.
>>107534989A solid month of Fansly/Patreon ASMR would clear that all up & then some. I've seen less popular girls than Finana get 30K in a month. I think I even saw Bao get 10K for a single stream. But "muh pride, muh dignity". OK bitch enjoy your never-ending debt then & hoping to live off of three simps
>>107534989>Having debt means you are poorSo everyone in Hololive is poor. Got it
>>107534761>Hololive doesn't even pay their talents or artistsHere's a free (You) you poor retarded Nijisis
>>107535461>Holodrone still memoryholing https://www.animenewsnetwork.com/news/2024-10-28/cover-corp-receives-recommendation-from-japan-fair-trade-commission-after-violating-subcontract-act/.217230
>>107534956They actually get less than half of the livestream revenue - remember that Youtube takes a cut of that. So their cut is closer to 35% than 50%>>107532570It is. Listing the AX cancellation as "-8" instead of "(8)" was anomalous on AC's part.
>>107535395I don't see anyone in Hololive starting up a Throne asking for money to pay off $15k in long-term debt (Part 1 of 3)
>>107525702EN getting saved by BTB but even that wasnt enough to raise the revenue to a positive. Absolutely cooked.
>>107535545Was debunked ages ago. They were redoing videos with the artists which means payment got delayed as the project itself got extended beyond the supposed deadline, which by default also means the payment is only transferred when the project was actually done.Nice try though.
>>107537407BTB's success didn't really "save the branch" as such, "delayed the branch's downfall for a few quarters" seems to be more accurate. Kinda like how pulling the AR Live show out from the container marked "in case of emergency break glass" prevented the branch's overall gross revenue from dipping below one billion yen that quarter.
>>107537552Hard cope considering artists from different years ago were the ones complaining after they were already done working with Holo
>>107525636Sweet total NijiEN death
>>107525702> Event: (8)It will never get old.
>>107525702>the branch is down 35.8%I knew NijiEN was going to struggle in 2025 but that is a horrible decline. If the remaining vtubers weren't sociopaths who bullied Doki even after she left I would almost feel bad for them since that has to be demoralizing. Cover won't make any major cuts to HoloEN even if merch sales decline but Riku is vicious he will cut every unnecessary expense from NijiEN. Their future projects will be held together with bubblegum and duct tape.>>107529589>If the "Sisters" were really that numerous, NijiEN would be making bank.Cover has made a lot of really stupid decisions in 2025 but a lot of the Nijisanji sister were either indie vtuber fans that hated Hololive or they were shitposters. There weren't that many EN fans after 2023 and that is why merch sales have been on a steady decline.
>>107538458>artists>the subject was a riggerNijidrone just love lying, i remembered when selen personally have to paid artists more than 2 times because niji want a free labor.
>>107541264Oh, it gets "better" - that horrible decline of 35.8% is compared to Q2 of last year, from August to October 2024. The same period in which Hex graduated, saying that the thought to leave first crossed his mind the preceding December (gee I wonder what happened in December 2023) and then actually sent in his formal graduation paperwork in February (gee I wonder what happened in February 2024)The same period in which Kunai graduated without any sort of graduation stream, and by a fabulous coincidence on the one year anniversary of Sunny Splosion announcing an indefinite hiatusAnd the same period in which Vivi announced her then-upcoming graduation, citing gross dissatisfaction with the suits as her reason for leaving, and literally daring them to fire her for saying so.In other words, they're not just nosediving horribly, they're nosediving horribly COMPARED TO WHERE THEY WERE DURING THE SELEN SHOCK
ALERT 3 ALERT 3CRASH CRASH CRASHALERT 3 ALERT 3CRASH CRASH CRASH
>>107542680>The subjectThe article is there, retard. It was more than one artist who were all not paid and overworked
>>107525636I'M FREE FALLING
>modest amount of growth>stock goes downlol
>>107547917
>>107548018Anycolor dropped to the lower circuit breaker today, the second time in under two years. How many times has Cover crashed?
>>107548018Cover has been crashing all year as you can see
>>107525636Oof this is probably the largest drop I have seen from Anycolor since the mountain in 2022In just one day, Anycolor has lost 18% of their stocks and it can't go lower because it hit the cap of 1000. All because Anycolor can't make another 15 billion yen like the Q1 miracle. Anycolor results are decent, and they met the forecast, but unfortunately for them, the speculators put them on such high expectation that it ended up becoming a shitty result>>107530873>>107530843I have bad news for you gentlemen
>>107548018reminder that the big crash at Aug was when cover told that they have no plan to pay dividen
>>107525702Phase Connect unironically makes more money than NijiEN. I was not expecting that
>>107552642>Phasecucks unironically think their corpo makes millions of dollars a month They make about 0.6% of a million
>>107546529>rigger = artistLike i said, retarded nijidrone can't even read the report.
>>107552697which is still more than NijiEN's gonna make by next quarter if we go by the trend
