/vt/ - Virtual Youtubers

>Regarding the operation of the new studio (Possibility of materialization: Medium, Degree of impact: Medium, Timing of materialization: Mid-term)
>In order to expand content distribution and production resources, the Company expects to begin operating a new distribution studio in April 2023.
>We expect to begin operating a new distribution studio in April 2023 in order to expand our distribution content and production resources. However, there is a possibility that we may not be able to achieve the expected functions due to a lack of human resources or inadequate operation management, which may result in the incurrence of impairment losses and other losses that could affect our business, performance, and financial position.