Cover Shareholder meeting stuff

[Anonymous No.]

In Original Japanese: https://contents.xj-storage.jp/xcontents/AS05169/b32e2f7a/9ab9/4bfb/89a3/96d18af306fb/20230720173646618s.pdf

Machine translation: https://poe.com/s/bh6CLZWoQghnAw6MzwHN

A lot of the questions are filler, but here are some that might interest you guys.
> Q. As a company, what do you think about the future prospects of the VTubing market?
A. There is still room for the VTuber market to expand, and right now we are at the stage of expanding awareness among the general public. Rather than competition over the same spaces and niches, we believe that the industry as a whole will expand its market size while maintaining a certain degree of segregation.
> Q. As a company, what is your view the decline in viewing time and viewer numbers in the post-Corona period?
A. We have not set viewing time as a major KPI. Now that the Corona has passed, viewers' lifestyles have changed. Demand for content such as clips, other secondary works and short videos has increased. In addition, we are also seeing a growing demand for Live Events, Live Performances, and licensing/tie-ups.
We believe that our exposure is expanding, and it is not only limited to the content we provide.
> Q. What are your thoughts on future overseas expansion, such as in Chinese-speaking countries or places like India?
We believe it is important to expand globally, not just to specific regions. Other than debut of talents overseas (EN, ID, etc.), we are also localizing our content in multiple languages.
> Q. I would like to know the company's policy regarding new debuts.
In a recent financial results presentation, the company announced that it "plans to debut multiple new VTubers in Japan and overseas, with an eye to attracting a broader fan base. We plan to debut several new VTubers in Japan and overseas, with an eye to attracting a broader fan base.
We will continue to consider debuting new VTubers at a certain pace. Please wait for our announcements regarding the timing of their debut.
> Q. I would like to see the company actively engage in outside collaborations, etc., to cultivate new fanbases.
Currently, more and more of our talents are participating in competitions and events organized by outside organizations.
We will continue to actively incorporate activities that contribute to the activities of our production companies and talents, while respecting the policies and branding of each individual talent.
We will continue to respect the policies of each production company and talent, and will actively incorporate such activities.
> Q. I fear that the IPO will change the strength of Hololive Productions. I would like to know how you view the impact of this. Please tell us how you see this impact.
A. We do not believe that the IPO poses any material risks or changes to our content.
We will continue to develop new content and projects while leveraging our existing strengths, and we will continue to communicate the appeal of Hololive Productions to as many people as possible.
> Q. I understand management's POV regarding the "Fan Guideline" that was published recently, but I would like to know what the intention behind it was.
A. While the "Fan Guidelines" are intended to help fans enjoy the content in a pleasant manner, it's publishing was also partly a request from the company as well as the talents.
We believe that it is important to operate a healthy fan community, and we are working hard to create a better environment through moderation and customer support in our daily streams.
> Q. Please tell us your strategy to approach the younger generations.
A. We understand that as awareness of VTubers and hololive productions expands, the number of young teenage fans is also increasing. We are still increasing the number of short videos and other posts on social networking sites used by young people, and while we continue to optimize our content, we plan to debut talents at a steady pace to expand the customer base we can reach.
(contd...)

[Anonymous No.]

>>54363024
> Q. Is your treatment of talent sufficient as of now?
A. We believe that our compensation structure is competitive enough for our company. We also believe that both companies and individuals have their advantages, but we also believe that the benefits of live performances, events, merchandising, and tie-ups can only be realized by being affiliated with a company.
In addition, talent is currently compensated not only for their distribution activities, but also from multiple revenue sources related to the aforementioned, and we will continue to improve our system so that we can flexibly respond to changes in the external environment.
> Q.The risk of talents retiring is likely to increase as a result of the talent's long-term activities. What measures does the company have in place to deal with this risk?
A. We believe that a talent's charm does not diminish over time, but that they can continue to work while their charm and activity style changes according to their stage. Naturally, our support system also needs to be tailored to the environment required by the talent's stage, and we will continue assessing this appropriately.
Although there is a risk of profit from the termination of a talent's activities, we are not dependent on a single talent, and we are able to diversify our profit. Currently, each talent is working while taking appropriate breaks, and the company supports the most appropriate activity style for each talent.
> Q. Do you provide lessons, education, and support for talent?
A. Information about this topic is confidential so I will refrain from answering in detail, but we do provide various lessons and training before the debut, and we also provide support during their activities, such as education and lessons, as needed.
> Q. What is the company's policy on how to deal with transgressions and violations from the talents themselves?
A. We will not address the opinions of individual talents, but we regularly conduct talent education for all talents, and will consider taking action - including harsh measures - if any violations are discovered.
> Q. I would like to know what the company is doing to manage the health of its VTubers.
A. The talent manager is always paying attention to the health condition of the talent, monitoring the distribution frequency and distribution time, sharing the information with the talent, and building a system that can encourages the talent to manage their health.
> Q. What is the company's position on staffing shortages at the new studio and delays in holding 3D lives and programs?
A. We apologize for any concern this issue may have caused to our fans and shareholders. We are currently working to realize 3D distribution and resolve equipment problems with the support of our partner companies. In addition, we are strengthening recruitment through large-scale recruiting sessions and securing outside contractors, and we are working to resolve the resource shortage by the end of this fiscal year.
> Q. I think it would be better to utilize dormant IPs for goods, etc. What do you think?
A. With retired IPs, it's difficult for the company to unilaterally make decisions about it, as the feelings of fans etc. have to be taken into consideration, but we will refer to this as a valuable opinion.
> Q. *Opinions about Random Merchandise and Blue Journey*
A. Thank you for your valuable opinion.
kek they didn't even bother typing up that huge schizo rant.
> Q. What are your thoughts on the introduction of NFT and Web3 technologies?
A. We are not considering these technologies as of now. However, we are constantly learning and testing new technologies and will not rule out any possibilities for the future.
> Q. Is there a possibility of supporting low spec PCs in order to widen the reach of the Holo-Earth project?
We are planning to start our deployment with PCs, but we are also planning to support mobile devices so that a lot more people will be able to use the system.
> Q. What do you think about setting up a shareholder-only real events?
A. We will consider this in the future.
lol that guy really went for it.
> Q. Do you have any ideas on how to encourage foreign investors to purchase shares?
A. IR materials are disclosed in Japanese and English for all investors.
For overseas investors, who are able to purchase shares through securities companies that handle Japanese stocks, we disclose IR materials in Japanese and English as reference materials. We are also actively meeting with overseas investors, especially institutional investors.

[Anonymous No.]

>>54363055
>Q. What do you think about setting up a shareholder-only real events?
This dude really thought he'd get to meet his oshi irl

[Anonymous No.]

>>54363055
>shareholder-only real events
Cunny party?

[Anonymous No.]

>>54363277
JUST LIKE MY JAPANESE DOUJINS

[Anonymous No.]

Just the usual tech company press conference with tech company lingo.
No new significant information.

[Anonymous No.]

>A. While the "Fan Guidelines" are intended to help fans enjoy the content in a pleasant manner, it's publishing was also partly a request from the company as well as the talents.
Which talent was being harassed enough that they needed this?

[Anonymous No.]

>We believe it is important to expand globally, not just to specific regions.
>The company ... plans to debut multiple new VTubers ... overseas, with an eye to attracting a broader fan base
Yagoo has a promising future in standup comedy

[Anonymous No.]

[Anonymous No.]

>>54363055
>> Q. What do you think about setting up a shareholder-only real events?
Dirty bastard lmao

[Anonymous No.]

Things are looking bad for gatekeepers.

[Anonymous No.]

>We believe it is important to expand globally, not just to specific regions.
i'll believe it when I see it

[Anonymous No.]

>>54364256
gatekeepers are why nijisanji keep floundering outside of japan

[Anonymous No.]

>>54363055
> Q. I think it would be better to utilize dormant IPs for goods, etc. What do you think?
>A. With retired IPs, it's difficult for the company to unilaterally make decisions about it, as the feelings of fans etc. have to be taken into consideration, but we will refer to this as a valuable opinion.

[Anonymous No.]

Judging by the stock prices, shareholders weren't impressed.

[Anonymous No.]

>>54365008
considering sana literally designed them it'd be a bit weird if hers wasn't included beside, that question was clearly someone wanting coco/rushia merch to make a comeback

[Anonymous No.]

>>54365142
Damn, how will they cope with such a devastating drop of about as much as most stocks on TSE move every day

[Anonymous No.]

>>54363024
>seeing a growing demand for Live Events, Live Performances, and licensing/tie-ups
I have no recollection of anyone actually asking for more events, everyone broke from merch orders
>>54363722
it's more like few talents are professionally butthurts about everything

[Anonymous No.]

>>54366109
Lots of people want their oshi to get a sololive or a gen concert or something. I don't think they mean something like holofes every month.

[Anonymous No.]

>>54363024
dunno if I wanna read a 200 word essay written by Manuel

[Anonymous No.]

>>54366216
Do your attention span reps, zoomer.

[Anonymous No.]

>>54366109
I want more live events. Especially in America.

[Anonymous No.]

>>54366492
>using "attention span" on MTL
lol

[Anonymous No.]

>>54366863
That makes sense. If he had an attention span, maybe he'd have learned English.

[Anonymous No.]

>>54363277
OP skipped another important bit:
>Q: Please hold the virtual-only shareholder meeting in a metaverse space.
Ojisans really want their virtual lap dancers.

[Anonymous No.]

Would you guys consider buying shares to have the holos dance on your lap?

[Anonymous No.]

>>54367018
Manuel doesn't have time for that. There's simply too many webnovels, H-games, and vtuber articles/tweets(x's) to translate.

[Anonymous No.]

>>54367231
I would sooner buy all of the shares to prevent them from doing that at all.

[Anonymous No.]

>>54363055
>selling graduated holo merch
>nft and blockchain shit
>>>>shareholder-only real events
holy shit these people want hololive to burn

[Anonymous No.]

>shareholders-only event
marine would love that, she's the offpako queen after all since NND days

[Anonymous No.]

>>54367231
no shit of course I would

[Anonymous No.]

>>54363024
>A. We have not set viewing time as a major KPI.
NUMBERNIGGERS BLOWN THE FUCK OUT

[Anonymous No.]

>>54367037
Another one:
>will you consider providing educational content in mathematics
This guy wants Hololive to make VTuber tutors. KEK

[Anonymous No.]

>>54363816
are you fucking kidding? a collab AFTER the debut? the second debut starts around midnight eastern. why the fuck is this so late at night.

[Anonymous No.]

>>54365207
someone should tell them rushia is already back.

[Anonymous No.]

Translated PDF https://files.catbox.moe/tsvtf5.pdf

[Anonymous No.]

>>54368234
Please understand, they're appealing to a diverse global audience of PDT night owls and Japanese/SEA NEETs who can watch streams at 2PM on Monday

[Anonymous No.]

>>54368234
Judging by HoloX, it's probably a just mini 30 minutes (+-15) collab mainly to get people to know the new members and establish their groupmates identity. Given that they debut in the weekends, shouldn't be a big deal (Monday morning might be a bit tough, but still...)

[Anonymous No.]

>>54363024
Most of those are non-answers, as expected.

>>54363277
HAG party!

[Anonymous No.]

If they actually revived merch for "retired IPs", the former talents would be compensated so that's a monkey's paw for those investors.

[Anonymous No.]

>>54370614
Would they, though? IP is owned by Cover, and the contract is terminated. They don't even use their voice. There is nothing linking retired talent with their image. Not that I think it would be a good idea to release such merch.

[Anonymous No.]

>>54370614
They do still sell various merch items for graduated/fired talents. Presumably they still get their revenue share.
https://goodsmileshop.com/en/On-Sale-Now/Available-Now/Nendoroid-Uruha-Rushia/p/GSC_WD_03709
https://shop.hololivepro.com/en/products/hololiveen_beegsmolcouncilrys?variant=43992990220508

Obviously, doing something like releasing new Coco merch now would be really weird and fans wouldn't particularly like it, even though the Sana plushie was fine. You sort of just know whether it'd be a good idea or not.

[Anonymous No.]

>>54363055
>Shareholder only events
This would greatly reduce Shareholder lifespan is attempted and discovered.

[Anonymous No.]

So what was the benefit of going public if you have to answer these stupid soul sucking questions all the time to a bunch of greedy fucks?

[Anonymous No.]

>>54367405
>>54368169
This is good for Hololive shares.

[Anonymous No.]

>>54371218
money
and also answering to a large number of these fucks beats answering to a small handful of these fucks who could easily collude to push agendas

[Anonymous No.]

>>54371218
Yagoo was forced to go public because his venture capitalist investors wanted to cash out. In his note blog he talks about this in a bit more detail, he also mentioned that he would’ve been forced out of the company if he didn’t agree. They used the IPO to fund their studio cause might as well.

[Anonymous No.]

>>54367231
No, I hate blackmail/couch-casting scenarios in hentai.

[Anonymous No.]

>>54368216
Have you seen some of Ollie's streams? Of all of the salivating ojisans, this one actually has a decent chance of coming true.

[Anonymous No.]

>>54368216
I also think this would be great, the only downside is that it requires them to know what they're talking about. Half-measures or reading from a script won't cut it.

[Anonymous No.]

>>54372847
What I hear you saying is that they need a teacher HAG

[Anonymous No.]

>>54371366
Okay, I checked and there is like no detail.
It's true that the venture capitalists cashed out, but that was like 1 sentence about it.
Where the hell is the second part of your statement?

[Anonymous No.]

>>54363024
> Q. What do you think about setting up a shareholder-only real events?
Motherfucker think this is some hentai doujin fanstasy.

[Anonymous No.]

>>54363055
> Q. What do you think about setting up a shareholder-only real events?
Motherfucker really think this is some hentai doujin fanstasy.

[Anonymous No.]

>>54368234
Majority of HoloAdvent is JST and ACT

[Anonymous No.]

>>54374062
I can just imagine some fat billionaire bastards salivating at the thought of sitting in a room forcing the hololive girls to cosplay as themselves and erotically dance while giving them a pinch on the ass or a titty grope

[Anonymous No.]

>>54365142
They will never impressed, i wish the fans would just buy those share and shut those greedy fuck.

[Anonymous No.]

>>54368216
It a good potential to cultivate a younger generation fan, maybe even compete with those youtube kids channel

[Anonymous No.]

>>54374252
this is why i'm grooming an indie. i will marry her and force her to dress as her vtuber model when at home. also, irl asmr and karaoke.

[Anonymous No.]

>>54363024
Nobody asked why they still don't make a gacha game to squeeze even more out of the fans?

[Anonymous No.]

>>54368216
That's really not a bad idea. A Vtuber that makes basic education lessons for lower grades could be a huge hit, and you don't need to study that much, and if you get a staff to help out with the material, you could have something like Legend of Polka, but educational for the younger demographic.

[Anonymous No.]

>>54363055
>Shareholder only event
>Participation is optional for talents
>Only a few holostars show up
Would be so funny

[Anonymous No.]

>>54374155
>Come here Peko-chan. You want to stay in Hololive, right?
>M-Mochiron, Oji-sama....
>Hahaha, I knew you would make the right call.
>Now sit on this Oji-san's lap
>H-Hai...

[Anonymous No.]

>>54375061
On the next day, 3 homos graduated.

[Anonymous No.]

>>54375061
>Tanigo-san! What is the meaning of this? I was promised bunny cunny not homos!

[Anonymous No.]

>>54375061
I would buy Oga a drink, he's a cool dude, imagine also seeing Bossu doing a flip irl

[Anonymous No.]

>>54368234
anon they've always had a collab right after debuts

[Anonymous No.]

>>54375788
you completely missed the point.

[Anonymous No.]

>>54374155
Yeah, that question? Mine.

[Anonymous No.]

>>54375842
The point that you're seemingly so offended at something that has been done with every debut?

[Anonymous No.]

>>54365207
>wanting coco/rushia merch to make a comeback
Nah that's for cowards, just go all in and release Hitomi Chris and Artia merch

[Anonymous No.]

>>54368216
A lot of content could be built around space science. Historic date celebrations with free talks, like the first manned space flight and the Moon landing. Current space news overview. Checking sci-fi movies for accuracy. There is an indie that does watchalongs of space rocket launches. A lot of cool stuff to do.

[Anonymous No.]

>>54365142
He didn't really say anything unexpected, right? Anyone here could have guessed the answers he gave. Which is fine, but often with these meetings shareholders are hoping for some big bombshell project/idea (or revenue report) that is going to shake the world. That's where you sometimes see price go up before these meetings and then down after. Hope and cope, basically.

[Anonymous No.]

>>54368526
Yeah as someone on the east coast their blatant pacific pandering pisses me off. Here's hoping there are some streams friendly to EST once they start in earnest.

[Anonymous No.]

>>54376342
Chances of one of them being on the west coast or Europe?

[Anonymous No.]

>>54376458
They don't need to live in a specific time zone to stream for it. It's not like they wake up at 8 AM and go to bed at 12 PM.

[Anonymous No.]

>>54376657
No, but it helps. I doubt cover demands the talents to stream at specific times of the day, so they probably just stream when it suits them for the most part.

[Anonymous No.]

My oshi decided to "fix" her sleeping schedule, and I can't catch her live anymore.

[Anonymous No.]

>>54376810
Well, the homos did say Cover told them they had to stream at late PDT for their first month. Vesper ended up with a compromise where they let him stream in euro hours like he wanted, but only if he also streamed for PDT.

[Anonymous No.]

>>54377804
If Cover does that again, they're really just full of clowns.

[Anonymous No.]

>>54373953
I don't know what that anon is going on about. The only thing that I recall back when the IPO got announced was that the VC groups wanted to cash out, then demanded YAGOO do the IPO or sell the company, which they legally could force through a lawsuit. YAGOO clearly didn't want to IPO or sell, but had to do one.

He is right about the studio funding though.

[Anonymous No.]

>>54378947
This is retarded. Don't they know that the most populous American time zone is fucking EASTERN?
Worst of all, streaming in Pacific hours is bad for both Eastern and Central time people, which is like 3 quarters of the US and CAN population.

[Anonymous No.]

>>54363264
he tried a shot, but was shot down
i respect the attempt

[Anonymous No.]

>>54375061
I Came Looking For Copper And I Found Gold

[Anonymous No.]

>>54373301
Do it yagoo, the only investor with the good of yourh in his heart instead of wanting to do irl “heed my moans” or suck the company dry.

[Anonymous No.]

>>54363055

Dudes seriously asking if Cover has the balls to punish talents after they kicked green woman to the curb.

Investors really don't know anything, huh.

[Anonymous No.]

>>54380773
I don't think they attracted the type of investors they'd really want. They gave fans who would pay for cover stock a voice.

[Anonymous No.]

>>54363816
Yo wtf this is late for CT and ET time zones.

[Anonymous No.]

>>54381014
Japan is used to defusing extremely stupid questions at shareholder meetings. The yakuza used to run scams where they'd buy shares and ruin meetings on purpose by asking rambling nonsense questions or intimidating people until they got paid to leave.

[Anonymous No.]

>>54368216
My future STEMshi...

[Anonymous No.]

>>54375329
i would too, but i'd slip a lethal dose of cyanide in it, for the flavor of course

[Anonymous No.]

>>54363055
To the shareholder who asked the question about real time shareholder only events

If you ever come anywhere near my Osho I am going to find you and when I do I will fuck you in the ass

[Anonymous No.]

>>54384206
Rock on, little man!

[Anonymous No.]

>>54363816
CESTchama...

[Anonymous No.]

>>54385639
I get to watch all of the JP 3D lives at lunchtime, so despite holoEN effectively not existing it's not all bad

[Anonymous No.]

>>54368216
It's actually not bad since some vtubers have a lot of younger fans, e.g. Pekora. She even had a cutesty little trivia video. May aswell educate people while streaming if the streamers can fill that niche.

I'm surprised at all the talk about health and talent wellbeing, not sure if it's just becuase of the idol element, but it's a change from regular Japanese sterotypes. That said good fucking luck with Kaeal's streaming habbits (she will develop health issues), Suiseis diet, Ina's lifestyle, etc.

[Anonymous No.]

>>54386890
>It's actually not bad since some vtubers have a lot of younger fans, e.g. Pekora.
I don't see it. Making educational content that kids would eat up and ask for more is very hard. And kids can't donate. No one's gonna put effort into that unless they get funds to do it. Much easier to just build some shit in Minecraft.

[Anonymous No.]

>>54368216
>>54386890
>>54387512
They already announced an English learning book and CD, it is legitimately a thing they already plan on doing.
https://hololive.hololivepro.com/en/news/20230627-01-34/

[Anonymous No.]

>>54387512
>Souta, come down and eat your dinner!
>Not now mom, I'm busy watching Hololive's discrete mathematics course!

[Anonymous No.]

>>54387512
I can't find the video but she had one where she had a little version of herself and her as a teacher explaining that glasses came to Japan through the westerners, it was about how people lived before without glasses. Topic doesn't matter, becuase she very much nailed the vibe and seems like she would unironically be really good at tard wrangling children.

[Anonymous No.]

>>54363024
lol

[Anonymous No.]

>>54388297
Pekora has a kindergarten teacher license iirc

[Anonymous No.]

>>54368216
first good shareholder

[Anonymous No.]

>>54387638
Why did we not get a learn JP book?

[Anonymous No.]

>>54396289
That might still happen, their press release suggested they'd be doing more textbooks

[Anonymous No.]

>>54384206
Are you sure the person who asked for this isn't female and that's what she want?

[Anonymous No.]

>>54396289
Cover literally has no infrastructure in the foreign market.
No real manufacturer connections and no standardized pipelines that produce such materials.
If we haven't seen foreign materials like "Learn science or english with the Avengers" or other IPs, Cover is going to have a shot in hell without spending millions in development in making such books marketable.
Foreign fans that want to learn JP are genuinely a minority when it comes to purchasing such materials. And people who want to learn Japanese for other reasons will tend to default to the more professional materials already out there.

Now, a completely digital version is another matter entirely and could see some headway.

[Anonymous No.]

>>54397056
>completely digital version
>within 1 hour of release, someone pays for it and then proceeds to leak the book PDF /here/ and elsewhere
Not sure this will work out

[Anonymous No.]

>>54397279
>physical version
>manufacture in Japan or USA
>get fucked by printing and shipping costs either way
>anime cover on the top so no one over the age of 30 will buy in normal setting
>if shipped from Japan, total price could make buyers balk and just buy normal Japanese books
>which they could also get online free
>then someone scans the book
>within 14 days of release, someone pays for it and then proceeds to scan the book and release /here/ and elsewhere
Considering how piracy effects sales strategy is pointless.
They could do both, but they'd need a market first.

[Anonymous No.]

>>54376009
I have not bought any holomerch but i'd buy chris merch in a heartbeat

[Anonymous No.]

>>54368216
If I had a choice to learn something from an anime grill or an incomprehensible, yet knowledgeable, pajeet I'd choose the former lol

[Anonymous No.]

>>54397279
Did you even watch the collab? The physical is the only one that has the CD where the EN girls talk for learning English. You can probably expect certain items to have certain exclusivity to them.

[Anonymous No.]

>>54363277
Do we get to wear those funny masks smokes cigars and be served cognac from Ame and Kronii wearing bunny outfits and fishnet stockings while reclining in plush chairs over looking the Tokyo skyline at 1:30 in the morning?

[Anonymous No.]

>>54398375
fr