New Niji financial report is outhttps://ssl4.eir-parts.net/doc/5032/ir_material_for_fiscal_ym3/205952/00.pdf
>>112557927They did better than coverNo buybacks
>>112557927This is the slide you were looking for guys.Yes, NijiEN dropped again.
>>112557927Assests have increased and they are planning on doing VTA again
>>112557927Additional liabilities due to tax but they are ending their year in green
>>112557973They just did a buyback in January through February. They CAN'T do another buyback before August.Also they don't have enough public shares to do another buyback without getting delisted.
>>112557927Profit has increased
>>112558008Down and down it goes
So no change in upper managementNot much of red Stock market might still go down depending on how nikkei performsAlso the only thing to look forward to is the TCG and a new studio which supposedly opening in 2028
>>112557927ANYCOLOR is DONEQ4 profit is somehow worse than Q4 of 2 years ago, and that says a lotIt's so bad that their stocks already hit limit-down only 15 minutes after the market closed. We are witnessing the re-enacting of the Selen shock, but this time it isn't caused by livers
>>112558008Now available in chart form. Split by area....
so niji JP is hard carrying the company while niji EN continues to be a festering tumor that should have been removed years ago. naruhodo
>>112558008>>112558134 (me)....and by total revenue
>>112558118Third quarterly report in a row where their stock shits the bed in the after hours tradingThey're so cooked that NotAster is gonna need to come back from retirement to do another cooking stream
>>112557927This result is so ass that Anycolor said they will cut the dividends to save their next year profitThey are at the point where they can't even give investors the money they promised. What a fucking shitshow
The VTuber medium has peaked.
>>112558352it peaked five years ago. these are its dying gasps
>>112558083This is all that matters
>>112558308Profit went up, though? >>112558083
>>112558308Also worth noting is that at last year's investor's meeting, they formally and officially acknowledged that the EN branch's revenue was, in their own words, "somewhat challenging," but promised that they would work towards revenue recovery.The EN branch's revenue has... um... not recovered. I daresay it has done the opposite of "recover," with each quarter and the year as a whole having a sizeable YoY revenue opposite-of-recovery.Somehow I doubt that the shareholders will be impressed with the suits' decision to reduce dividends while keeping the money furnace called "Nijisanji EN" in even maintenance mode-level operation.Picrel should be updated with today's numbers
>>112558514Forecast for next year is flat. All investors care about is line goes up, not line goes horizontal. Both cover and anycolor's reports these past quarter means vtubing in Japan has peaked, and will only decline from now on.
>>112558514Didn't go up by enough. They had the same problem six months ago, when they increased dividends but didn't (couldn't) increase dividends by enough to make the shareholders erect and/or moist.This time around, they DECREASED dividends.
>>112558550That's the karma for Riku by blindly believing Youtube numbers as "progress" and continue to do nothing about itNow not even Youtube numbers can back them up this time. All numbers in NijiEN, including fake ones, are going down
>>112558487>>112558514investors don't care about profit, they care about growth. it doesn't matter if you're profitable... if you aren't growing fast enough, your company is literally dying in their eyes
>>112558550>ENEN market is negligible, investors are fucking stupid to see that "EN" market are bunch of loser poorfag monkey from all over the world, it will never grow out of its niche simping culture from western streaming whore culure
>>112558514that only matters if its hololive
>>112558769Anon, in Cover's reports last year the (temporary) estimated loss of revenue for just merch sales in the west due to tariffs for a single quarter was more than what nijiEN generated in revenue this ENTIRE FISCAL YEAR. The EN market may be dead for niji but it's still quite good for Cover. They're even expanding their card game sales to more stores in the west so it really is just a failing for anycolor to not be able to perform on the international stage. Hence why their "niji world tour" was only held in Japan and like two chinese cities.
Gonna leave this here since people in /#/ ignored it since it doesnt work according to their agenda. Cover actually needs to focus now else they might start reclining way harder than expected
>>112559402and by focus that means cutting out the en and id branches draining resources with very little to no benefit
>>112559402doesn't nijisanji have like 200 niggas? How are they that close in revenue to hololive?
>>112558147If Anykara wants to call themselves an international compa, NijiEN is a load bearing tumor
>>112558147There was a point when niji EN made up like 1/3 of the company's revenue. Now they're 3%. Terminating niji EN at this point would be a net benefit considering the drama they bring to niji.
>>112559041and nijisanji with the only jp fanbase alone out-sale hololive with the combined of en market and jp market by 6 billion without the nijifes, en market meant jack shit, just bunch of zombie subs and views from sea and latinx monkeys
>>112559452even hololive debuts 300 talents now, their sale would be the same, it's all about the fanbase size
ANYCOLOR Q4Revenue: ¥55.682 billion (+29.9% YoY)Operating Profit: ¥20.173 billion (+23.9% YoY)Ordinary Profit: ¥20.198 billion (+36.3% YoY)Net Profit: ¥14.092 billion (+22.4% YoY)COVER Q4Revenue: ¥49.330 billion (+13.7% YoY)Operating Profit: ¥7.056 billion (−11.8% YoY)Ordinary Profit: ¥7.068 billion (−11.2% YoY)Net Profit: ¥3.016 billion (−45.7% YoY)
>>112559566You sound upset and are degrading into ESL babble. The attempt at projection at the end just makes it worse.>>112559585That makes no sense. Niji has over twice the vtubers but is competing against a fanbase for an amount of vtubers less than half the size of niji. That means Hololive pulls in a larger fanbase per vtuber, and that's apparent from their general metrics.
>>112557973Because Cover had to write off HoloEarth, not because Anycolor is doing better at anything
>>112559402HoloEarth held them back, and now that they ditched that black hole of money, they are expected to bounce backThat 3 billion yen loss is big, but that loss is necessary to prevent future billion yen more loss and not let HoloDream effort goes to wasteMeanwhile Anycolor has not made any big changes aside from more livers and yet they still failed to meet investors' expectationAnycolor's revenue this year looks good, but if they don't start venturing outside of vtuber otaku bubble or the pol situation continues like this, then this could be their ceiling, meanwhile Cover has ditched their deadweight and they are laser-focus on not losing their female talents with their new structure so not only they will patch the holes, they will rise again with HoloDreams that has 1.1 million pre-registrations as we speakCover has a positive future outlook, but Anycolor still relies on Kuzuha to milk sisters' money and they will rely more on him now that Nornis and Rof-mao stopped working. It's Anycolor who should be wary of Cover's resurgence
>>112559672>That means Hololive pulls in a larger fanbase per vtuberit doesn't mean if cover debuts 10 times more talent now, their fanbase will be 10 times bigger, the fanbase stay the same, if you compare companies brand and value, the total sale and fanbase size are the only thing that matter
>>112559695>>112559649>ANYCOLOR Q4>Revenue: ¥55.682 billion (+29.9% YoY)>Operating Profit: ¥20.173 billion (+23.9% YoY)>Ordinary Profit: ¥20.198 billion (+36.3% YoY)>Net Profit: ¥14.092 billion (+22.4% YoY)>COVER Q4>Revenue: ¥49.330 billion (+13.7% YoY)>Operating Profit: ¥7.056 billion (−11.8% YoY)>Ordinary Profit: ¥7.068 billion (−11.2% YoY)>Net Profit: ¥3.016 billion (−45.7% YoY)
I'm worried about the industry as a whole. If both cover and anycolor is stagnating as their next FY projections show, the vtuber industry as a whole might go down the shitter soon.
>>112559702Cover will always find another shit project to make it a money black hole
>>112559774Yeah your argument is if 300 holos were added overnight the current fanbase wouldn't increase. That's not saying anything of worth or even addressing my point. I said Holo pulls a larger audience per vtuber and that's demonstrably true. They have a larger box viewership than niji, it's not debatable. Now I don't think it's a good idea to debut 30 vtubers a year like anycolor does because that clearly doesn't help much. But that's how anycolor runs, profit at almost any cost.
>>112559869Looks like the next project is holo dreams and that shit looks promising so far
Another graph
>>112559547It's far too late for that to matter. Whether they stay or go, nothing really changes. All that matters is if they make more than they cost to run, which might be possible considering they get no resources to begin with. >>112559774The point is to find members that actually bring in new audiences rather than shuffling around the same box. Members like ERB or Fauna that actually attract people that wouldn't otherwise watch Hololive and might even have no interest outside of them. /vt/ doesn't seem to understand this concept and would much rather have 20 clones though, wondering why girls like gigi or cc somehow aren't gaining new subs despite being watched by plenty of holo fans. Nijisanji is the worst form of this where they flood the market with overlapping talents with no real niches or support, wondering why they can't seem to get anyone new to grow despite having so many members.
>>112559865To be honest more corpos have gone down compared to earlier years is a big indicator
>but Niji has 1000 vtubers99.99% of them are below Holostars, why would it matter? They don't have the ball to fire them like Cover because they're scared the public will shit on them. The way I'm seeing it is those top male vtubers are actually making shittons of money compared to Holomems despite having way smaller viewerbase.Kinda makes sense actually, young women can generate free money by selling their bodies and they dump it all on merch.
>>112559865Depends what you define as "the industry."Independents seem to be doing fine, especially outside of Japan where they're becoming common enough in the streaming and content creation sphere that "vtuber" is starting to be a recognized word even among normalfags.
>>112559649>Hololive mogged in revenue >Hololive mogged in profits >HoloEN so much of a flop that they merged them with JP in the reports >Company failing so hard that they axed another branch Now all Holodrones have is seething about NijiEN kek
>only 900mi yen difference between both q4 when niji didn't have nijifes this quarterDamn, did holoexpo actually flop? I did think it was odd that they didn't write about the numbers of visitors this time in the blog post compared to last year.
>>112560059no niji is making comparable money to top Holos because they get far worse cuts, the one time kuzuha mentioned his earnings cut was it was far less than what Holos get for their typical solo merch
>>112560083t. nijinigger mindbroken by HoloENselen won
>>112560155>Selen won...the irrelevant whale award
>>112559990I didn't think the events difference would be this massive.. Doesn't Niji have their own fes too?
>>112560111>Damn, did holoexpo actually flop? I did think it was odd that they didn't write about the numbers of visitors this time in the blog post compared to last year.They recorded over 100k people in attendance at a single instance which broke records yet again.
>>112560059>They don't have the ball to fire them like CoverDidn't they kill like 50 last year in one of their Vtas?
>>112560188Where did they say this?
>>112560167Niji didn't have fes for that fiscal year. This quarter (FY26 Q1) has the fes.
>>112560195That's the purpose of the VTA. That's like being surprised that everyone didn't win a game show
>>112559547>the drama they bring to niji.Stop living in the past, nijien hasn't been relevant for over a year atp
>>112560200The most recent report from cover
>>112560195Some VTA people that they fired had 5k viewers on average streaming on their shitty avatar, it's a massive loss for Anycolor if anything. Apparently a handful of them that survived in that batch are the outcast weirdos that didn't get along with the big group, therefore not invited to their secret discord unapproved by staffs.
>>112560493wtf is this delusion, the biggest undebuted vta, kunio, never had more than 2k even at the peak of vta gen 2 (the golden gen). Are you talking about the debut streams?
>>112560165So irrelevant she killed the entire branch
>>112560167no nijifes sale from this year and niji doesn't count the merch sale at event into the event sale, it's just pure ticket sale while holo counts the merch sale into the event sale
>>112560414post it then, i remember it's 90k or something
>>112557973>no buybacks>literally just did them
>>112559946>>112559702>another rhythm slop where proseka and bang G dream are in the declinelmao, it will get some hype at launch for few months and then everyone will forget about it, the oldschool japan gacha is fucking saturated
>>112561162
>>112557927Strategy of basically ignoring EN and focusing purely on JP worked out, huh?In hindsight, the Dokibird drama and other bullshit involving EN members were pretty convenient for Anykara because they were forced out of international market right before Trump went schizo mode and started his massive economic wars that turned any worldwide shipping into massive and expensive pain in the ass.Riku wins by doing less than nothing, lmao.
>>112560821>She killed the branch >That mogs her in success by just breathing in a dayFunny how that works. Even a dead NijiEN is at the top
>>112562079Please die to the next Iranian missile that attempts to hit Israel only to crash and kill a bunch of pedos in Palestine
>>112562240I'm a northern Slavic fatso, schizo. I'm just bluntly pointing out the hilarious reality of the fact that Niji EN was forced out into irrelevancy right before being Japanese vtuber company with English-speaking branch became extremely bad business.
>>112560059>young women can generate free money by selling their bodies and they dump it all on merchit's 2026 and this bitch ass loser thinks prostitution is the only way women can earn and afford shit
>>112560142There also an independent summary describing nijisanji as one of the lowest paying company for employees.
>>112560195Yes but they also kill more than 50+ vtuber operating Yumenographia branch, the most brutal one, termination through email and office lockdown. Some of them even bought houses in the city just to work there and got their live ruins.
>>112562289>I'm Slavic So a rape invader? Refer to my original post
>>112562448It's 2026 and this dumb bitch thinks paying a six figure salary directly to Mr shekelberg for rent means she "has money"
>>112559695>Because Cover had to write off HoloEarth, not because Anycolor is doing better at anythingThis, and there is a massive write off by closing down HoloEarth. The big question is whether Cover will fully recover next year and whether AnyColor will maintain their revenue or suffer a drop since the JP vtuber market is completely saturated. Cover has more growth potential because they still have an overseas market.
>>112562799by your logic all the paypigs are faggots who sell their holes and suck cocks just to dump money on their oshis
>>112563083From a pov of attracting investors I'd rather be cover atp, even if both companies appear to really be struggling to break out of their current markets. Outside of the Holo crossover IRL event stuff that seems to have been pretty positively received the last few years, they have headwind events that are easier to point to (tariffs, Earth project) as being one-off challenges rather than systemic. AC definitely has a stronger report for this year but you need to convince people that your next year is going to spike and "last year was good" is only part of that.
