Anycolour did a stock buyback of 20 billion yen.

[Anonymous No.]

Am I the only one who thinks this is absurd? For reference Cover spend almost same amount of money to build one of the biggest mocap studios in Japan.

[Anonymous No.]

>>66360931
Retard here, what mean?

[Anonymous No.]

>>66360931
20 billion?

[Anonymous No.]

Why would it be absurd? Companies do this shit all the time. Making productive investments like mocap studios is a big risk, while stock buybacks put money directly in shareholders' pockets. Maybe the stock market and financial capital should not exist in some sense but that's not the world we live in.

[Anonymous No.]

>>66360979
It means they are buying back their shares that are already floating in the market, specifically taking back 25 billion yen(!) worth of stock.
It's mostly done when the company isn't doing too hot in the stocks front, it will save their falling stock price.
But it is serious messed up that they are just sitting on all that money and never used it on talents or infrastructure.

[Anonymous No.]

>>66360979
the company uses their own money to buy shares in their own company off the stock market.

why would they do that? you might ask.

it's pretty openly fucked, basically you do it to boost the share price and get more money to executives who get shares as salary packages and/or dividends from the shares they own / are given.

[Anonymous No.]

>>66360995
25 billion yen to be precise.

[Anonymous No.]

>>66361057
Ever since niji and holo went public we've known niji hoards their assets and profits while hololive reinvests nearly all their profits back into the talents and business. It's not much of a surprise these days.

[Anonymous No.]

>>66361099
im not a numbers guy but that looks like 2.5 billion

[Anonymous No.]

>>66361010
investors are truly the most shortsighted people in the world

[Anonymous No.]

>>66361240
Not only investors, executives. Look up "Space Man from Pluto".

[Anonymous No.]

>>66361010
I mean won't it just shorten the longitivity of the business if they don't put back the investments? I would think it's managements job to make sure their brand stays alive for as long as possible.

[Anonymous No.]

>>66360979
It means a lot of things, like their shit stock prices are artificially propped up and should be way lower, they are falling behind in tech assets, their investors are very happy, expect them to look for someone to buyout the corpo at a bargain in 5 years and subsequently clear house, and they're basically a paper tiger

[Anonymous No.]

>>66360931
I just checked. December 18th was when their stock dropped very sharply, and after that they seemed to be stable for now

You anons are free to correct me because I'm blind at financing. But I think they tried to prevent their stock from dropping even more

[Anonymous No.]

>>66361298
>I would think it's managements job to make sure their brand stays alive for as long as possible.
You'd think, but businesses can operate on different strategies and goals. Read up on activist investors and the corporate raiders that inspired them.

[Anonymous No.]

>>66361298
>ACCELERATE (TM) the Company
>longevity
What do you think?

[Anonymous No.]

>>66361298
>it's managements job to make sure their brand stays alive for as long as possible
But there's ways to do it so it's viable long-term, short term ways so it's potentially viable long-term, and short-term ways that bakes in a total crash in a few years. Stock buybacks are the 3rd option, basically a series of miracles will have to occur for them to avoid that fate.

[Anonymous No.]

>>66360931
Stock buybacks are a way to turn corpo money into C Suite personal money

[Anonymous No.]

>>66361170
so... 25 bucks?

[Anonymous No.]

>>66361298
>I would think it's managements job to make sure their brand stays alive for as long as possible.
ahaha.wav
That's what a logical person would think. But suits are about profits. If both current profits and expected profits aren't going up, suits will start bitchin, and if they have the pull to change shit based on their whims, you can bet they'll do.

[Anonymous No.]

>>66360931
They need to get rid of EN branch asap

[Anonymous No.]

>>66361428
About 17.353 million USD.

[Anonymous No.]

>>66360931
he will rebuy shares at a lower price due to niji en flop, get rid of niji en, share price will increase, then he will sell for more $. This is prove that niji en is dead

[Anonymous No.]

>>66360979
Basic Demand and Supply.
There is not enough demand for Niji stocks, so they are buying 20 billion worth of it themselves.

[Anonymous No.]

>>66360979
BUY HIGH!
SELL LOW!

[Anonymous No.]

>>66361315
I think you got it backwards, they're buying back their stock because they think it's currently undervalued. When it rebounds they plan to liquidate their repurchased shares for a massive profit.
It's rare for companies to do a stock buyback just to protect the stock price. Stock prices are intrinsically fluid and fluctuations aren't considered a big deal in the short term.
t. I post on wsb

[Anonymous No.]

>>66361592
So they're pretty much waiting for a miracle to make some quick bux? Sasuga, execs.

[Anonymous No.]

>>66361592
so are they buying back 17.353 million usd or 173.35 million usd wall street reddit bro?

[Anonymous No.]

>>66361592
... yeah my pea brain can't handle all of this info. At least I understand that they spent money to make their stocks look good

[Anonymous No.]

>>66361620
Nijisanji JP's anniversary is in February, they're probably gonna announce a concert on the 19th and the stock will jump and Riku will buy another yacht.

[Anonymous No.]

>>66361315
Didn't they gotten a sharp boost in stocks when they fired that one JP girl for baseball?
The hell happened?

[Anonymous No.]

>>66361592
Anon, the current price is about the same it was back in October, and it was even lower than that during the entirety of December 2022~June 2023.
If they think that their stocks are going to go back to what they were during Sep 2022, then they are completely delusional.

[Anonymous No.]

>>66361592
>they're buying back their stock because they think it's currently undervalued. When it rebounds they plan to liquidate their repurchased shares for a massive profit.

this is the outward excuse that companies give.

>>66361425
>Stock buybacks are a way to turn corpo money into C Suite personal money

this is the actual reason.

[Anonymous No.]

>>66361592
I don't think Anycolour has anything that will increase the shares value, NijiEN was down 14% last quarter with the branch imploding even further it's not far away from merging into the main branch.
They will need to show DRASTIC improve in performance for the price to go up, that just seems unfeasible.

[Anonymous No.]

>>66361592
>t. I post on wsb
kek

[Anonymous No.]

>>66361425
>Money Laundring for new Yatch
Sasuga Riku sama

[Anonymous No.]

>>66361592
>they're buying back their stock because they think it's currently undervalued.
or they are unable to invest their money properly and the best use they have for it is to buy back parts of their company

[Anonymous No.]

>>66361057
More like they are doing money laundering for China, KEK

[Anonymous No.]

>>66361835
You will see a DRASTIC increase in livers, which surely will translate to a DRASTIC increase in profits

[Anonymous No.]

>>66360931
It could be for stock stabilisation.it could be that they aren't planning to grow much for now and would rather share less ownership. It could be for several other reasons, it's hard to predict especially when the Jp market also has its own quirks.

[Anonymous No.]

So basically, instead of making shareholders happy by saying
"We invest your money and grow the business"
They make shareholders happy by saying
"We put money directly in your pocket and fuck what happens tomorrow"

So it's a completely short-term mindset. They are basically exiting the market in the next few years

[Anonymous No.]

>>66360931
Riku knows pic related is not just a meme, it's the current condition of his cash grab black company.

[Anonymous No.]

>>66361057
>But it is serious messed up that they are just sitting on all that money and never used it on talents or infrastructure.
Huh, I realized that after you pointed it out. Yeah that's pretty fucked up, what the fuck are they doing with that bloated war chest?

[Anonymous No.]

>>66361592
>t. I post on wsb
So you're retarded, got it.

[Anonymous No.]

>>66361298
>shorten the longitivity
That's the secret, they are never aiming for longevity ever since this company started.

[Anonymous No.]

>>66361298


I mean you say that when the guy in charge of WB is actively strip mining the brand of their IPs and selling them as tax write offs. Meanwhile they're posting record breaking profits(that they got from said strip selling and letting people go) and giving their shareholders big fat dividends.

Once there'a nothing of value there, the CEO will take a "fall" be given a golden parachute and be free to do it all over again someplace else.

Ain't late-stage capitalism just grand?

[Anonymous No.]

>>66362260
It just puts salt on the wounds. Imagine all the livers doing their best getting meager peanuts just to see that Nijisanji was literally sitting on almost 20 million usd doing nothing with all that.

[Anonymous No.]

>>66362353
>reddit spacing
Opinion invalid.

[Anonymous No.]

>>66362260
>what the fuck are they doing with that bloated war chest?
Waiting to give it to themselves, Riku was very upfront in the past about how the entire company was always about making money
Stock buybacks are just a mechanism that lets them turn the company's money into their money without the bad optics of fat cash bonuses for executives

[Anonymous No.]

>>66362457

Yes.

Doesn't change the fact that this shit is all for the business suits and their organs ain't seeing a cent if this shit.

[Anonymous No.]

>>66361592
>liquidate their repurchased shares
This is always the trap stock buybacks fall into. If they dumb back the stocks that will drive the price down so they try to dump small amounts over time, but by the time next earnings report comes out there's no way they'll have dumped most of it. It also assumes there's buyers that are willing to buy at a higher price, which if that waa the case there wouldn't have been a need for stock buyback. I only see this going 2 ways, they do short small dumps just to liquidate assets for some quick cash for projects and/or expenses or they use the stocks as part of the corpos set assets to leverage for a loan. Hopefully they're not thinking of doing the latter, that's another classic bankruptcy in 5 years move.

[Anonymous No.]

>>66361315
man we should be shorting anycolor straight to zero

[Anonymous No.]

>>66362260
Hololive
>invest in massive 3D studio
>invest in new games
>new model updates, software upgrades
>improving technology all the time
>schooling for new talents
>1-2 talents per manager
>funding for debuts, funding for projects, small base salary

Nijisanji
>never upgrade or expand 3D despite 150 new vtubers debuting
>finally asset pinning 5 years late (shitty version too)
>no funding for debut, fund it yourself loser
>base salary? lmao which company do you think this is again?
>no technology upgrades for years now, models from the 2019 era
>invest in factories that produce low-quality keychains
>5-10 talents per manager, talents basically flying solo
>take all the talent's merch money and laugh while doing it, offer substandard cut on everything else too
>take their playbuttons for Riku's personal enjoyment, company owns you
>only idea is to spam debuts of new people and bloat volume, splitting everyone's income for the company's benefit
>hire random people, put them in random models, who cares we are throwing shit at the wall and seeing if someothing sticks

[Anonymous No.]

So much money and they are still so stingy.

[Anonymous No.]

>>66361723
Their Q3 report came out, they had made BIG projections for NijiENs growth, surprise surprise they didn't meet those goals, and the branch declined by 14% dispite adding more talents, that probably did numbers on their stock price.

[Anonymous No.]

>>66362719
Riku told the absurd lie "the EN branch is a gateway for the JP branch"

[Anonymous No.]

>>66360979
Stock buybacks to inflate stock prices.

[Anonymous No.]

>>66361298
Not really. Imagine if you're in a significant controlling position within the business and you see a possibility to retire in five years at the cost of the business flopping then of course you would make decisions that prioritize that goal instead of ensuring the business goes strong for twenty more years but you retire in ten.

[Anonymous No.]

>>66362145
You say it like it's a joke, but if that is exactly what we see all those chuubas are going to be sacrificed for the eventual dumpster fire Niji will become just to make the businessmen rich at the end.

[Anonymous No.]

>>66361124
>hololive reinvests nearly all their profits back into the talents and business.
lol lmao even. Is this were true their avatars and 3D wouldn't be dogshit MOGGED by literal indies

[Anonymous No.]

>>66362837
This is why nepotism good. You have an incentive to keep the company healthy after you retire.

[Anonymous No.]

>>66362837
This and the problem with brain wash corpo is that they will reassure and lie to their talents till the end fucks all of them up, including any contractor clauses that prevents them from any final pay on fallout.

[Anonymous No.]

>>66361057
If they have 25 billion yen for stock buybacks, imagine how much they have sitting around for actual overhead.

[Anonymous No.]

>>66360931
So... what trumpet is this?

[Anonymous No.]

As a brainlet, the stock market sounds pure bullshit. Not even in a "fuck investors" way, it's just that It sounds like made up belief that is real only because people believe it's real.

[Anonymous No.]

>>66362927
Nepotism is only good if they're all dedicated to the craft. If it's just a bunch of grifters the corpo can't implode fast enough

[Anonymous No.]

>>66361315
Didn't they double the number stocks, so the price for each halved as result?

[Anonymous No.]

>>66363000
I know you are dumb, but fucking please.

[Anonymous No.]

>>66363000
It's real because stocks are legally considered assets with real dollar value attached, even if the pricing is just fuckery. If not for that you'd be right, but considering we're in the era of fiat currency and money printer goes brrrrr it's kind of a moot point.

[Anonymous No.]

>>66363000
Correct. It's basically a casino where rich faggots bet your money. If they get lucky they become richer, if not, you become poorer.

[Anonymous No.]

>>66362921
their 3D is top of the line at least on industry level, of course some random indie can have a dev doing some cutting edge stuff in their basement but that's not industrialized and readily avaliable for buying on large scales, for 3D they price things with hololive as base for the top tier quality.
Cover biggest investment is on things like Holo earth and that one horror game they made and those can turn out a big return someday.

[Anonymous No.]

>>66361298
Riku has gone on the record and stated that once things start to go bad he's out.

[Anonymous No.]

>>66362921
https://youtu.be/8hBp0RIqWYI?si=VCUZT4ItI6es-13K
You are extremely retarded.
And this is with YouTube compression, it looks out of the world in SPWN or Holoearth.

[Anonymous No.]

>>66362921
Proof of this? You can do it, right?

[Anonymous No.]

>>66362921
alternate universe anon, enlighten me on the high quality indies 3D

[Anonymous No.]

What if he bails and graduates before Pomu and Selen?

[Anonymous No.]

>>66362353
IPs, tax write offs and the stock market are not capitalism. They are literally ANTI-capitalism as they discourage competition by allowing failure business to go on despite failing.

[Anonymous No.]

>>66363000
Individual stocks are often bullshit. Just get a low-fee index fund tied to the S&P 500.

[Anonymous No.]

>>66363000
High/low iq take
>>66363059
Midwit take

[Anonymous No.]

>>66363000
it's not bullshit because it's just investment just like if you dive money to a bakery for them to buy a new stove and take a % of the sales. but when they start doing shorts and other loophole moves that it becomes bullshit and is just numbers/odds manipulation.

[Anonymous No.]

>>66363000
Its original purpose was to give companies a quick way to gather funding and build capital.
The disadvantages that come from incorporating are offset by the time saved in building a profitable business.
The problem is the free market is not inherently good or bad but operates off personal incentives that don't always align with the best interests of the overall economy.
Stock trading is zero sum and has no interest in creating capital. It's viewed as a necessary evil to incentivize investors to pay for new issued stock and drive the creation of useful capital to boost overall output. It also lets companies engage in stock trading to put extra cash assets into their accounts.
Again the problem is this great ideal versus the retarded reality we live in.

[Anonymous No.]

>>66363000
Stocks are a way for any company to raise money, but ofcourse they can't just get the money for free.
They are essential to the economy, and for every business, take cover for example they went public to fund their 20 million dollar studio, this kind of money they wouldn't have otherwise without taking huge loans or just saving for a long time.

[Anonymous No.]

>>66360931
With how NijiEN is slowly imploding, shorting their stock looks really juicy right now.

[Anonymous No.]

>>66363352
Just say it's the original crowdfund, helps young folk catch up faster

[Anonymous No.]

>>66363384
You do that and report back in a few months. A few EN losses mean almost nothing to JP investors.

[Anonymous No.]

>>66360931
No shit, Pomu's departure could tank the stock, buying it back will keep the price somewhat stable

[Anonymous No.]

>>66363352
>Stock trading is zero sum
Dividends exist.

[Anonymous No.]

Remember when nips praised riku in media for hitting 10k stock price?
Roru roru

[Anonymous No.]

>>66363501
Well the West does that kinda shit as well, everyone's stupid the same

[Anonymous No.]

>>66363445
>A few EN losses mean almost nothing to JP investors
It's not just losing EN, it's about tanking their brand globally.
>they only care about JP
Then they shouldn't be delving into expanding overseas.

[Anonymous No.]

>>66363445
You said this when their stock crashed because NijiEN was down 14% YoY in the last quarter report.

[Anonymous No.]

>>66363445
Nah it still exist on the report, the 14% decline looks bad no matter what.

[Anonymous No.]

>>66363501
Remember when [stock manipulators] [manipulated stocks via media]?
Yes. It happens all the time.

[Anonymous No.]

>>66363320
But I don't get a % of the profits of companies whose stock I have. If I did, it would make sense. All I get is something that says I owe stocks, some with no value unless someone bought it.

[Anonymous No.]

>>66363020
What he means is probably more from the management perspective. If you're a CEO intending to pass down the business to your son, it's in your best interest not to kill your cash cow.

[Anonymous No.]

>>66363374
This is why the concept of stocks make sense only for companies that are below a certain size.
I mean, why the hell would Amazon or Google or Microsoft need external investors, you would think that with all the money they make they could finance whatever they want with their own money, meanwhile their market saturation is so high that their prospect of growth are based on pure bullshit, make believe and state lobbying.

[Anonymous No.]

>>66363212
Have you seen the VShojo concert? Have you seen any Zen or Melody stream?

[Anonymous No.]

>>66363883
post the pic anon, so we can all laugh together

[Anonymous No.]

>>66363771
if we consider financial markets as a battlefield, megacap stocks are a component of national defense

[Anonymous No.]

>>66363000
Anon let me let you in on a secret, the entire concept of money is a made up belief that's only real because people believe it's real, especially nowadays when most money is just ones and zeros on a computer

[Anonymous No.]

>>66363713
You do, if the company is one that decides to pay out dividends. Whether a company decides to do this or not depends on their own strategy, calculations of growth and how much they would rather you hold onto the stock rather than trade it around and potentially devastate the price which in turn diminishes their ability to raise funds with it.

[Anonymous No.]

>>66363883
I have seen their concerts, I wouldn't call it bad by any margin but they are nothing in front of holo3d lives or the holoearth protolives, holoearth is unironically on fortnights level when it comes to Virtual concerts.

[Anonymous No.]

>>66361057
There's other reasons to do it. I feel like the people who parrot this shit don't actually know much about investment

For instance Nintendo often does these same stock prices from time to time. They do it to protect themselves from 3rd party investors trying to get more shares of the company and thus more influence. Anycolor's stock falling so much puts them in a position where any old blackrock or whoever can swoop in, buy some shares on the cheap, and have massive sway on the company. Stock buy backs are generally a protective measure. I don't know why some of you are trying so hard to paint this as a greed situation, there's plenty of other instances of Anycolor being greedy you don't need to hard on something companies do all the time.

[Anonymous No.]

>>66364003
Wait till anon finds out the money printed is just a reflection of the total debt the citizens have from the banks and lenders and all this wage and labor shit is undervalued by 95%.

[Anonymous No.]

So the rrat about Riku leaving the vtubing industry in 2024 was real
Good fucking riddance nijisanji nobody will miss you

[Anonymous No.]

>>66363771
>their prospect of growth are based on pure bullshit, make believe and state lobbying
I always thought that l's why they often try to branch out into different markets, like when Microsoft just decided to launch Xbox, or when Amazon bought Whole Foods, etc. When market saturation reaches critical point, they just branch off into something else. They always gotta be growing.

[Anonymous No.]

>>66364201
Who's turn to buy a yacht is it gonna be after he leaves?

[Anonymous No.]

>>66364129
Next thing you are gonna tell me is that since a reverse split does not affect market value, it isn't a huge red flag.

[Anonymous No.]

>>66360931
buybacks are to restore confidence in the investors and it reduces the float and attracts new investors thinking the price action will be faster and bullish.

[Anonymous No.]

>>66363771
>prospect of growth are based on pure bullshit
No, it's based on what they think stockholders will eat up.

[Anonymous No.]

>>66364129
Doesn't anycolor only have 25% of their stocks on the open market?

[Anonymous No.]

>>66364129
I mean, for Nintendo, they own barely ~10% of their own shares. So people buying their shares is a real threat.
But for Anycolor, Riku alone still controls 43%. So I don't think there's any danger of 'massive sway'.

[Anonymous No.]

>>66364369
I doubt it. They would need to be a special breed of retard to sell over 51% of your own stocks.

[Anonymous No.]

>>66364129
>I don't know why some of you are trying so hard to paint this as a greed situation
Because all stock buyback situations in recent memory were done explicitely to manipulate stocks and get bigger payouts to executives while laying off workers. Regardless of what it was meant to be used for, that is what its primary function has become.

[Anonymous No.]

>>66364201
This indicates the opposite.

[Anonymous No.]

>>66364418
>bilibili
>USA
So it is money laundering

[Anonymous No.]

>>66364442
They have been laying off a lot works for the last year, from the ID and KR branches, and soon, EN branch.

[Anonymous No.]

>>66363713
Stock value always increases forever. Meaning over a long enough timespan you will always increase the money you have. There are occasional depressions and recessions but it's very obvious why investing benefits the people investing

[Anonymous No.]

>>66364426
Cover management owns 45% of their shares, but the thing about them is that the other majority are long term partners like bushiroad who understands Hololives business and will never do anything retarded with it, while the other majority is owned by fans who would rather kill off all higher officials then let hololive and the girls suffer.

[Anonymous No.]

>>66364517
True until the country starts losing major wars, then all bets are off.

[Anonymous No.]

>>66364565
Sorry, bad choice in words, I meant leaving over 51% of your stocks to the public. If your stocks are within partner companies, they technically aren't stocks that can be bought to gain 51% of the company.

[Anonymous No.]

>>66364426
You might want to go back and reread that again

[Anonymous No.]

>>66364565
Uh, yeah about that, sometimes people start to question deeply and genuinely held beliefs when their retirement nest egg is on the line.

[Anonymous No.]

>>66364565
No actually most of the major stock holders are just regular hedge fund types. If actual fans of the company own more than 5% of the stock I'll eat my hat

[Anonymous No.]

>>66364920
Unless the entirety of bushiroad, the bank of Japan, and every single private shareholder collude to gut the company for short term profits I don't see it being a problem

[Anonymous No.]

>>66364565
lol what

[Anonymous No.]

>>66364129
they just did a stock split, anon. You know what that means right

[Anonymous No.]

>>66362980
the anon who said 20/25 billion literally can't read numbers, it's 2.5 billion.
Anycolor had 16 billion JPY cash/cash equivalents on hand at the end of their last quarter (October 31st) vs 7.6 billion for Cover at the end of theirs (September 30). So this buyback is for up to a bit less than 1/6 of their free cash not counting any money they made in the last 2 months, although considering their cash increased 3.5 billion last quarter this is basically plowing their profits back into stock

[Anonymous No.]

>>66364920
The reason why companies like Microsoft got cucked in Japan is because they didn't understand the literal family business frame work of those large organizations. They went for the smaller side not realizing it was a ruse.

[Anonymous No.]

>>66360931
They have 20 billion and didn't do shit with it lmao but then again I still belieb Holo metaverse shit is going to flop why tf they immediately jump to open world 3D should've went with rhythm game first or something

[Anonymous No.]

>>66363108
Holo earth is a fucking money sink. But I do agree on the horror game. There's a whole avenue for associated game development that Hololive could benefit from, as Holocure has easily shown.

[Anonymous No.]

>>66365243
>being cash rich is le bad
Are you having a stroke anon?

[Anonymous No.]

>>66365217
You say that like having free cash lying around is a good thing.
For the retards at the back having alot of cash on hand is a bad thing because it's losing value relative to inflation. And also it means the company isn't properly reinvesting it

[Anonymous No.]

>>66362921
NIJISEETHE

[Anonymous No.]

>>66360931
No one fucking care about this 2view small corpo
>Hololive > Phase Connect > VShojo > Brave Group > random small corpo > Nijiniggers

[Anonymous No.]

>>66365303
A company is not a person you nitwit, and even if they were sitting on it like a dragon sitting on their horde of gold isn't good financing

[Anonymous No.]

>>66363883
And Hololive outdoes does. I mean shit, you might as well have mentioned Phase Connect latest gen, which has some really emotive models. But Phase is not exactly indie, is it? And neither is Vshojo, really

[Anonymous No.]

>>66365389
>being cash rich corpo is bad
Holy shit you are retarded

[Anonymous No.]

>>66365431
I bet you still store your money in socks that you stuff under your bed

[Anonymous No.]

>>66365431
classic

[Anonymous No.]

>>66365293
I can see Holo Earth working as a nostalgic trip of a gigantic world filled with like minded people. Since an abomination like second life exists/existed? I don't rule out these type of projects. A Hololive gaming studio would cement themselves deep into JP culture.

[Anonymous No.]

>>66360931
How can a studio be so expensive? Those are government boondoggle numbers.

[Anonymous No.]

>>66365455
Do you even know what it means to be cash rich as a corpo?

[Anonymous No.]

>>66365744
It's yen anon

[Anonymous No.]

>>66365830
Yeah, it's called "growing poorer every second because free floating cash depreciates in value".

[Anonymous No.]

>>66365659
If it wasn't obvious Cover doesn't just want Holo brand, they're trying to figure out how to become the vtuber platform other indie and corpo vtubers use. It's going to be a decades long process.

[Anonymous No.]

>>66365907
I'm an uneducated poorfag
Alright then, thanks for your time.

[Anonymous No.]

>>66365744
Literally the biggest 3D studio in all of Japan. The size of an entire block, filled with high-end tech. Each stage room occupies the space of an average house.

[Anonymous No.]

>>66360931
The company I work for did a $1 billion buyback last year, but hasn't given a meaningful raise in a decade.
I stopped doing any work beyond the absolute bare minimum, because it's obvious the only people that matter to a corpo are shareholders.

[Anonymous No.]

>>66363883
Vshojo isn't indie retard. Besides check the latest holo 3D concert and make up your own mind.
https://youtu.be/DzP0jXgOC4I

[Anonymous No.]

>>66361057
>It's mostly done when the company isn't doing too hot in the stocks front
It's mostly done when there's a shift in business focus. Companies do this all the time.

[Anonymous No.]

>>66360979
theyre basically moving money around to make themselves look bigger than they actually are

[Anonymous No.]

>all these nijishill itt
This time next year you beloved 'livers' will be begging holochads for money and be forced to suck salaryman cock for rent

[Anonymous No.]

>>66361716
let me guess covid 2?

[Anonymous No.]

>>66363487
>Pomu's departure could tank the stock
Insanely fucking delusional. While the impending implosion of NijiEN will have ramifications down the line, the vast majority of investors don't even know who Pomu is.

[Anonymous No.]

>>66363304
kek

[Anonymous No.]

>>66361057
It would be double fucked if they actually took on lonans to execute the buyback, which they would then have to pay interest on.
It's the kind of thing "private equity" companies do to drain cash out of a company and leave it a hollow shell riddle with debt and retail investors holding the bag (the eventually worthless shares)

[Anonymous No.]

>>66366996
>The vast majority of investors are retarded
More news at 11.
The devastating last quarter report should have put NijiEN under scrutiny. The thing is, it's so easy to scrutinize this kind of company, just see their top performing or famous talents. Pomu's graduation shook the confidence toward management even more, and investors actually asked RIku about this (the high rate of liver turnover). Having one of their first (and with decent views) talent graduating should put the investors' alarm blaring even more if they are not retarded.

[Anonymous No.]

>>66360931
>>66361057
Reading comprehension, it's 2.5 billion

[Anonymous No.]

>>66366996
Anycolor and Cover are effectively talent management companies masquerading as tech companies. Any retard with a big enough bank loan can replicate the technology side of their business, as we've seen with small corpos and even indies starting to put on concerts.
This makes their talent roster their only moat, so it's critically important that they retain people. In light of that, their EN branch losing members while having negative growth is extremely bad, and investors were already asking questions.

[Anonymous No.]

>>66367467
Basically Niji have 2 options with EN:
1) Temproary halt applications, hire a Dmitri Jap / Shinove-type figure to address talent and fan concerns and try and steer the ship so that even if they're doomed to be third in the west to HoloEN and VShojo they can at least be a somewhat respectable third despite having gone through a tough period, and then re-open applications once the course is set
2) Give up, do to EN what they did to ID/KR, and finally realize that the international market isn't for them.

If I were a betting man, I know what I'd bet on.

[Anonymous No.]

>>66361592
...but VTuber company stocks were always OVERvalued though.
Look at Cover stock for example.

Then again, I can understand the mentality.
Maybe NijiEN 3D is coming up, maybe they have something in the works that would raise the stocks - but doing stock trading based on that counts as insider trading I believe, and it's illegal in pretty much all developed countries.
It would also explain why they had a chunk of cash in hand for the past 1-2 years since their IPO, if they were just waiting for something like this to "buy low".

Anycolor management is retarded in the way they run their talents, but I want to believe that they aren't retarded enough to do potentially illegal stock manipulation bullshit under public fucking scrutiny.
I honestly believe that they may have expected a stock collapse, due to their stock being heavily overvalued (due to their own investment portfolio bullshit, and nijifans buying stocks to inflate the value) and saved the cash for that eventuality.

[Anonymous No.]

>>66363000
It's kinda like Fate in a way.
If you know literally everything about every person and thing that exists on this planet (even small shit like some random childhood memory, minor trauma etc. that adjusts their behavior 10 years down the line) then you can "predict the future". But humans can't process that level of knowledge.
In the same way, the stock market CAN be predicted... if you have an insane about of knowledge about every single company that make it up, how individual stocks may rise and fall, how the change in one industry may affect another, how rising of digital payments could affect toffee sales etc. etc. even the most minor bullshit.
The more you know, the better you can predict it. But there'll always be something or the other that comes up which you can do absolutely fuck all about, like the pandemic thing.
So yeah, it IS essentially like gambling. But since there's an amount of knowledge required to even play in the first place, people that are into stocks have an inflated sense of what they're doing.

[Anonymous No.]

>>66362921
HoloEN’s 3D is pretty good, especially with how they have 3D fried chicken.

[Anonymous No.]

>>66362652
You nailed it. The reason Cover is succeeding and Nijisanji is not is because Cover is investing in its talents and trying to grow the company, while Nijisanji is not - they're just pocketing most of the profits.

Depending on how much of a finance nerd you are, you should look at Cover's CapEx spending and total fixed assets in March 2023, and compare those figures with Anycolor's in April 2023. The difference is staggering!

[Anonymous No.]

>>66369044
>The difference is staggering!
Sounds like you already did it. How about you just post your work instead.

[Anonymous No.]

I spent 10 minutes googling stock buybacks and asking chatgpt, yeah I'm thinking nijibad, riku yacht, kurosanji

[Anonymous No.]

>>66361057
>It's mostly done when the company isn't doing too hot in the stocks front, it will save their falling stock price.
/#/monkeys demonstrate their true business knowledge (apple is in dire straits due to their constant stock buybacks)

[Anonymous No.]

>>66367601
Interesting in Japan there are services that specialize in one aspect to provide a more professional experience to their fans even if they are indies. Once an indie manages to obtain a 3D model they can do ticket sales through those agencies and use their 3D studio for live performances.

[Anonymous No.]

>>66365659
I think the core reason for Holoearth is not "Hololive Second Life" but rather it's intended to give them a place to host concerts and events. YouTube is not a reliable partner for them or any other streamer long-term - the rules can change in a day and ruin your business model, and Google has done this before.

Holoearth is basically Hololive's "YouTube backup system."

[Anonymous No.]

>>66369124
Fine, fine.

Anycolor: https://ssl4.eir-parts.net/doc/5032/ir_material_for_fiscal_ym2/137288/00.pdf

Cover: https://contents.xj-storage.jp/xcontents/AS05169/4f1872d7/00b1/4608/ae53/91e8fe62579e/20230512160316925s.pdf

Anycolor PP&E as of April 30: ¥209.6 million/$1.45 million
Anycolor CapEx spending as of April 30: ¥68.6 million/$475.3k

Cover PP&E as of March 31: About ¥1.9 billion/$13.2 million
Cover Capex spending as of March 31: ¥1.46 billion/$10.1 million.

I used OANDA's currency converter for anyone who cares. Cover also has huge expenditures on software intangibles, which I think are HoloEarth investments.

[Anonymous No.]

OH NO NO NO NO NIJINIGGERS NOT LIKE THIS HAHAHAHA (I do not understand the implications of OP) (and so are the other anons posting ITT)

[Anonymous No.]

>>66367692
>Realize international market isn't for them
At least they still have Chinese branch

[Anonymous No.]

Hate all these ignorant financial takes in this thread. Yes, Nijisanji doing a stock buyback is a bad sign but only because they're supposed to be a growth company that uses free cash flow to invest in their business. Buying back stock at their inflated P/E multiple isn't a good sign. But stock buybacks themselves are simply an alternative to dividends that usually is more advantageous from a tax perspective. There's nothing inherently wrong with stock buybacks.

[Anonymous No.]

>>66362353
>late-stage capitalism
This is just the 'two more weeks' cope of retarded neo-commies.

[Anonymous No.]

>>66371760
Context is important. They dramatically missed their projections and are in the middle of an endless string of controversies, and the CEO is the biggest shareholder by a wide margin, so this could be taken as giving himself a big payday under circumstances where that's not really warranted

[Anonymous No.]

>>66363000
>made up belief that is real only because people believe it's real
Isn't that just economics in general?

[Anonymous No.]

>>66369414
That their backup also happens to be a similar game to Minecraft also means that they have another potential source of advertising if non Holo vtubers play their game.

[Anonymous No.]

>>66370367
Damn, nice research. It really opens the eye to how much Anycolor just hoards the money like a dragon.
Cover has 87 talents, this means 16 million jpy reinvested per talent. 116.1 thousand usd.
Anycolor has 180 talents, ths means 0.38 millon jpy reinvested per talent. 2.6 thousand usd.

[Anonymous No.]

>>66370367
I'll admit I don't watch outside of of Hololive and but how the fuck do you operate as many talents/livers that Riku does with less half a million? Are he and other decisionmakers just much of a cheapskates?

[Anonymous No.]

>>66373450
Seig Zaion!
But on a serious note multiple livers have gone on record they are just getting by.

[Anonymous No.]

>>66370367
>spend 10-20 times less, still have cash to burn
>pay myself a fat bonus with company money
>only a few unimportant gaijins quit
how is this not a win to people who are just in it for the money

[Anonymous No.]

>>66361298
Low stock prices can lead to hostile takeovers.

[Anonymous No.]

>>66373450
By have one manager per 10-15 talents and making sure only the cream of the crop gets real support. Iirc when all the ID members got merged they all shared one manager.

[Anonymous No.]

>>66361057
dot your commas

[Anonymous No.]

>>66373954
It is, which is exactly why people who actually like vtubers wish for Anycolor to fail

[Anonymous No.]

>>66373312
anon. half of livers probably not getting invested at all. theres no such a thing as "equal" in niji

[Anonymous No.]

>>66369414 >>66372600
Mainly guessing here, but having their alternative concert/event platform containing gamified elements helps with user pickup and retention. It's probably in the same ballpark as gacha games having daily quests to form habits and sustained use so the user/audience doesn't forget about the app or uninstall it.
Whether or not their development and launch of the platform goes smoothly is another matter.

[Anonymous No.]

>>66372600
From the early gameplay it looks more like rust than minecraft

[Anonymous No.]

>>66369309
Niji is not Apple. Stop it.

[Anonymous No.]

>>66370367
Explains a lot about the manager situation and cheap merch

[Anonymous No.]

>>66374426
It's ark lol

[Anonymous No.]

>>66374426
>platform for concerts and also 3rd person combat/crafting game
They're making fortnite, holoearth is fortnite

[Anonymous No.]

>>66364418
>Sony group
So this is why Biboo can’t play bloodborne on ps5

[Anonymous No.]

>>66374288
I think that Anycolor just pays an artist to do art for the birthday merch and calls it a year for most of them.

[Anonymous No.]

>>66360931
I've been asking since Nijifans brag about the earnings. Where is all that money going to?

Buybacks without future investments and keeping their talents as low wage workers of the industry, is something to worry about. It only benefits the investors, while their expansion is failing. Niji abandoning branches so easily to please the shareholders shows they are short term.

[Anonymous No.]

>>66370367
>>66373312
Cover is investing most of that money into metaverse shit, not talents themselves. Yagoo is just an idiot burning money on a project which will most likely fail.

[Anonymous No.]

>>66374967
All the money goes to Riku’s private yachts and mansion.

[Anonymous No.]

>>66374967
>keeping their talents as low wage workers of the industry
this is actually something that shows that they are a streaming company and not an idol company like Cover. Streamers need fuck all in reinvestment into their streams, just play games or do whatever while Cover needs to give the girls a lot of money so they can fund things like albums, 3D concerts etc

[Anonymous No.]

>>66375007
Wait, they do?

[Anonymous No.]

>>66373450
No work = No pay and they have no base salary to "motivate" them to produce stuff, because if they had base salary all their livers would slack, and because of the number of livers it's impossible to have a base salary anyway.

[Anonymous No.]

>>66375176
Holo earth has cost millions of dollars so far and a huge chunk of cover works on it

[Anonymous No.]

>>66375176
>>66375007
I'm sure they can provide proof of their conjecture like the anon earlier and is not totally trying to both-sides the discussion to try and trivialize Nijisanji's greed

[Anonymous No.]

>>66374967
>Niji abandoning branches so easily to please the shareholders shows they are short term.
I mean you can't be surprised about it when Riku himself has admitted how he's all about short term profit, so it's only a matter of "when" the branches get fucked as Riku insisted on his profitable ways

[Anonymous No.]

>>66375007
Holoverse is a sure thing as long as there are fans. Concerts alone says so. The Rust simulator is only a part of it. The Holoverse is a hub for many of their projects and future ones to come. As a tech company, I hope they embrace AI projects, to add to the hub.

[Anonymous No.]

>>66361363
NTA, but thanks for the tip off on activist investors
new rabbit hole found

[Anonymous No.]

>>66375007
They are investing a lot in the metaverse, but they also pay the talents well.
Weather it's a useless investment is left to be seen, I appreciate cover trying to do something that is completely unique in modern entertainment, if they somehow succed the future of vtubing is limitless.
And I would take holoearth concerts over any gatcha slop cover can produce for a couple thousand dollars.

[Anonymous No.]

>>66375391
Oh yes Cover should totally incorporate AI slop
Who needs quality really

[Anonymous No.]

>>66375007
Holoearth is definitely a good investment for the talents. It guarantees them a platform, and allows for virtual concerts to have virtual audience. If youtube changes something that fucks over vtubers, Nijisanji gets fucked hard as they try to transplant their audience to another platform.

>>66373450
Reinvesting expenditures are not operative costs. Anycolor spends like 6.8 billion jpy in operative costs, and Cover spends like 4.8 billion jpy.
That makes like 55 million jpy per talent for Cover and 38 million jpy per talent for Anycolor.

[Anonymous No.]

>>66375601
Don't know what rock you are hiding under, but AI is the future. It needs quality sources to train on to succeed. Embrace it or be left behind.

[Anonymous No.]

>>66375500
I think the concerts alone could fund it if they’re smart about it.
I wish something like Summer fes would be streamable in-game so you don’t lose any quality to compression.

[Anonymous No.]

>>66375601
>holoearth
>AI slop
First of all, companies that are unable to deal with the emergence of AI are getting fucked over left and right.
Secondly, Holoearth has nothng to do with AI. Metaverse is just a meme name big corpos used to make them seem hip and cool. Do you call Minecraft a metaverse? World of Warcraft is a metaverse, Neopets is a metaverse, Google Maps is a metaverse.

[Anonymous No.]

>>66373450
This is why I always pound the table about this issue. Nijisanji is investing NOTHING in these people. They're just throwing them up on the internet to sink or swim. They're basically preying on their dreams of stardom and exploiting them, and then assuming that when the older talents get jaded and leave they can just produce new superstars.

Cover, meanwhile, gives Hololive fat salaries and is making huge CapEx expenditures to grow their company.

>>66375007
Cover was criticized a few months ago during an investor Q&A by a person who thinks they're spending too much on talent compensation. Also note that since there's far fewer vTubers in Hololive, they have more resources to spend per talent.

>>66374492
I've been convinced they're hiring people who are effectively bums off the street to be managers. Cover was forced to professionalize some years back (took longer with HoloEN) but because Nijisanji is just a cash machine for the owners, they never bothered.

[Anonymous No.]

>>66375754
The only thing they will use ai for is translations and maybe for some other quality of life features. it's definitely not going to play any major part.
And yeah In a recent interview they did say that metaverse is more of a buzzword now, holoearth and fortnights metaverse are the closest thing to the actual definition of the word though.
I do think that they have chance of success in asian countries, their competition in west is fortnight, which is a very weird thing to say but that's the reality hope they succeed.

[Anonymous No.]

>>66375754
Metaverse got a bad name because Zucc started using it for his own shit.

[Anonymous No.]

>>66375916
It's sad that one of the biggest force in the industry doesn't care about vtubing, competition is always good, though I don't think cover will take a misstep at this point or in the near future.

[Anonymous No.]

>>66364363
isn't it implied that stockholders will eat up pure bullshit?

[Anonymous No.]

>>66375754
Holoearth appears to be two things. First, it's serving as a YouTube backup system for Cover in the event YouTube makes changes that make the streaming model unprofitable. YouTube has made huge changes in the past to its algorithm with very little warning. It also lets Cover host events and concerts without having to go to third party platforms.

Second, they're trying to put Hololive games on it and create a community interaction/Second Life feature so fans can talk to each other. I think the hope probably is that maybe things like fan Discords just move to places like Holoearth.

IMO the first part of Holoearth is likely to succeed and will make the investment worth it, eventually. The community interaction and gaming part is a huge gamble, but maybe Cover can pull it off. Yagoo is a tech guy, first and foremost.

[Anonymous No.]

>>66376108
maybe laws are different in Japan but I know that U.S. companies they're legally obligated to be honest with the people who have invested their money into them

[Anonymous No.]

>>66368115
La+ no oni

[Anonymous No.]

>>66376216
does that include not lying by omission?

[Anonymous No.]

>>66376183
Not sure about putting Hololive games in it, but yeah, that's more or less what I think Holoearth will end up being in the end.
I'm actually looking forward to watching virtual concerts in Holoearth.
But for the community aspect like discord, they already have holoplus.

[Anonymous No.]

>>66375916
>Nijisanji is investing NOTHING in these people. They're just throwing them up on the internet to sink or swim.
In early 2022 Cover and Anycolor were investing the same amount into the company. What changed since then? Cover announced Holoearth and the 3D studio. Anycolor is simply playing more safe since both of those investments are risky.

[Anonymous No.]

>>66376425
>The right to sue for wrongful acts.
>For example, WorldCom faced a firestorm of shareholder class-action suits in 2002 when it was discovered that the company had grossly overstated earnings and given shareholders and investors an erroneous view of its financial health.
https://www.investopedia.com/investing/know-your-shareholder-rights/
"presenting a erroneous view" definitely doesn't sound too far off from "lying by omission

[Anonymous No.]

>>66376216
Anon, it's their prospect for future growth, literally nothing stops them from saying that they expect to grow [high number] next year because [made up shitty excuse].

[Anonymous No.]

>>66376183
What they plan to do with the MMO part is giving the players freedom to create the world, for MMO specifically they don't want it to be tied down to hololive and let non Holo fans enjoy it as they like.
They also said about giving platform to other creators, so maybe you can also hold live concerts their? Or maybe try to launch some sort of carrier in the game it's hard to tell what they have in store exactly.
It's an ambitious project, and one full of uncertainty let's see how it pans out, the release is probably in holofest this year it will be the most exciting one so far.

[Anonymous No.]

>>66376633
Cover has been working on holoearth since 2020, and the studio was also probably in progress for several years.
Anycolour has been hording money since they went public, I don't think they have any ambition of investing any further.

[Anonymous No.]

>>66377514
Imma jump the gun and say, Riku focuses on short term because he has no vision

[Anonymous No.]

>>66377607
You say that like owning a fleet of yachts isn't his vision

[Anonymous No.]

>>66377734
I don't think he was sober when he bought it

[Anonymous No.]

>>66377514
In 2020 it was just a barebones concept. They hired a massive amount of employees to work on it. We have the data. They have way too many employees for a company of their size. The studio was also bought only recently.

[Anonymous No.]

>>66377826
Anon they built the whole studio for scratch, I doubt it was "recent" because it's all custom made and building takes quite a while.

[Anonymous No.]

>>66376183
I think they have a case for the community interaction part too because of the existing communities already but it will be very hard to replace Discord and /vt/ for that given they probably only want sanctioned discussion. The gaming and platform part is easily the part Cover has no transformative vision and concrete ideas about. Meta has easily multiple amounts of money more to make that a reality than Cover does, not to mention the entities that have yet to join like Apple. I wish them good luck but oh dear is it likely not going to work out.

[Anonymous No.]

>>66369309
They are though. They havent released new tech in like a decade and are just coasting on iphones until another company comes by to obsolete them. Apple are the blackberry of the modern day.

[Anonymous No.]

>>66377826
>They have way too many employees for a company of their size.
They say they are understaffed all the time. It seems like the studio wasn't working at full capacity for some time because they couldn't find enough people to staff it. And I don't know if its still understaffed.

[Anonymous No.]

>>66378320
Because all those employees are working on Holoearth. They'll have to spend even more money with studio costs now. I understand Anycolor not taking the risk on investing into stuff like that. It can lead to the company going bankrupt.

[Anonymous No.]

>>66378234
The twitter clone is nothing impressive or new, but it does trap a loyal community they can monetize. Holoearth is not competing with Meta.
>>66378279
The iPhone solution works and their face detection is essentially free. It could be better, but part of it is training. Different girls have different success with it because of their setups. Improving that software isn't going to increase profits. They only need to keep up there. The studio etc are new lines of growth.

[Anonymous No.]

>>66369414
>>66375618
>>66376183
SPWN anon, not Youtube. Holoearth exist to replace/work in tandem with SPWN because concert fee is a bitch. And as a bonus they can use it as VRchat replacement

[Anonymous No.]

>>66378424
Isn't cover profitable? It isn't like they're losing money by overhiring.

[Anonymous No.]

>>66378424
>Because all those employees are working on Holoearth.
come on now. on the contrary they're playing it safe

[Anonymous No.]

>>66378424
>Because all those employees are working on Holoearth
Anon, please.
>It can lead to the company going bankrupt.
How underage are you? How can they go bankrupt from using a portion of their profits into a future-proofing project. Even if they used that money to donate to charity it wouldn't lead them to bankruptcy in a million years.

[Anonymous No.]

>>66378464
I agree for the most part it isn't competing if they drop the buzzwords and we see Holoearth for what it really is which is an MMORPG. But as it stands and how it is advertised, yeah, it will fail on the metaverse side.

[Anonymous No.]

>>66378653
That's 11% short of not working at the studio.
Also "software development" includes Holoearth as well.

[Anonymous No.]

oh a number monkey thread used mainly by numbermonkeys. why dont you faggots stay in your containment? why do you fags always have to go to the catalog?

[Anonymous No.]

>>66360931
>>66360979
There are good reasons to do this.
1) You're concerned that your control of the company is waning.
2) You have reason to believe the value of your stock will rise dramatically.
Etc.

[Anonymous No.]

>>66378850
you're a colossal retard aren't you. those are definitely for stuffs like holo+, hololy, cover inhouse l2d apps, websites, etc

[Anonymous No.]

>>66378919
Numbers aren't really the question here. The only thing you have to glean from the number is that it is very large. This is a significant business decision made an executive level to purchase their own stock back from investors. If you're not aware: "Stock" is essentially the business' total physical assets. When you invest in a business you're buying a percentage of those assets for them.

But why do this? Well put simply the more shares you have in the business the more control you have over it. They could be buying stock back from someone simply for control, possibly even to get someone out of the board room by buying their seat in a literal sense.

[Anonymous No.]

>>66379448
you know very well who made this thread as this was something from early december and was posted on numbermonkey thread hours ago and brought to the catalog.

[Anonymous No.]

>>66362652
>never upgrade or expand 3D despite 150 new vtubers debuting
They literally upgraded their 3D studio in 2021 for a much bigger one

[Anonymous No.]

>>66362652
>>invest in factories that produce low-quality keychains
you mean the same factories that produce a lot of good and great merch as well outside of those keychain which btw are some of the most popular and affordable merch

[Anonymous No.]

What are some of you smoking. Why would you buy back shares to prop up your stock price? If you had 20 billion yen in cash and use all of it to buy back shares, you now have 20 billion less yen. If you instead use debt to finance the buy back, as many firms do, you are now 20 billion yen in debt. Neither of these scenarios are good for your balance sheet, so investors should take that into account and value your stock appropriately (i.e. not any more than when you had more cash/less debt, obviously). The reason for this buy back is because Anycolor feels its stock is undervalued, and they're reasonably confident they still have room for growth, so they'll buy low now and sell later when something generates hype for them.

[Anonymous No.]

>>66378516
NTA, but the risk of investing like this is that if the bottom falls out from the vTuber market or they get hit by some other major adverse event (such as an earthquake destroying their new studio), the profits may not be enough to cover for such an eventuality, requiring them to either seek loans or cut expenses.

It's definitely a risk, but I think it's unquestionable the studio will pay off as it's a pretty safe investment, and I think Holoearth is likely to pay off at least partly just from rescuing Cover from having to pay third parties for concert and event hosting.

[Anonymous No.]

>>66379734
>you know very well who made this thread
I don't because I barely come here anymore. Gura is my oshi but she barely streams so I'm usually over on /pol/ shitposting.

[Anonymous No.]

>>66380445
https://hbr.org/2014/09/profits-without-prosperity

"But none of them has close to the explanatory power of this simple truth: Stock-based instruments make up the majority of their pay, and in the short term buybacks drive up stock prices. In 2012 the 500 highest-paid executives named in proxy statements of U.S. public companies received, on average, $30.3 million each; 42% of their compensation came from stock options and 41% from stock awards. By increasing the demand for a company’s shares, open-market buybacks automatically lift its stock price, even if only temporarily, and can enable the company to hit quarterly earnings per share (EPS) targets."

I have no idea what Riku's compensation structure is like, but this could definitely explain it. Companies do in fact regularly buy back stocks to prop up share prices.

[Anonymous No.]

I know the futility of asking a serious question in a catalogue thread but anyways:
There are quite a few interviews with YAGOO where he talks about business shit and he seems like an intelligent man and more or less knows what he's talking about. I know nothing about Riku aside from yacht shitposting. Are there similar interviews with him? Does he seem knowledgeable?

[Anonymous No.]

>>66361010
>Making productive investments like mocap studios is a big risk, while stock buybacks put money directly in shareholders' pockets
The absolute state, stock market is not supposed to be a casino, the money should be used to invest in the business, improve shit and obtain more means of revenue, doing ponzi shit like Riku is doing right now will amount to nothing in the future as they have to pay dividends, yeah sure this will make the stock price rise but for how long? Don't they think the retards that are holding the bag won't sell right now? Cover is doing things as they should be done, that's why the price keeps slowly but surely rising long term, while Riku is just sinking and sinking.

[Anonymous No.]

>>66380966
I have never seen a Riku interview, but he can't be a total idiot or he wouldn't be making so much money off Nijisanji.

I think Yagoo definitely has a real vision though, and Riku does not seem to beyond "get rich."

[Anonymous No.]

>>66361592
>When it rebounds
It will have one big bounce, sure.

[Anonymous No.]

>>66380445
Company stock price was crashing after mediocre quarterly report so they did a buyback so investors wouldn’t mass sell.

[Anonymous No.]

lol
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co..
>Dodge v. Ford Motor Company, 204 Mich. 459, 170 N.W. 668 (Mich. 1919),[1] is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a manner for the benefit of his employees or customers. It is often taught as affirming the principle of "shareholder primacy" in corporate America, although that teaching has received some criticism

[Anonymous No.]

>>66380503
And part of reducing the risk of being solely dependent on the vtuber market is to expand out of it. The studio is one way and something like holoearth can expand beyond it as well. Of course it relies on their vtubers initially, but it doesn't always have to. If they're going to grow they have to expand somewhere and new gens aren't really capturing new viewers. Yagoo's history probably pushes him towards something like holoearth instead of other ideas. Cover is making the right basic moves. Whether it will work out is entirely different.

[Anonymous No.]

>>66360931
Pomu tipped their hand.
That's how much influence she has.
Every agency should take note.

[Anonymous No.]

>>66365243
Even if it fails as a game, they can still salvage the work they put in to use it as an online concert venue, they already have proof of concept for that.

[Anonymous No.]

>>66381312
see:
>>66381886
there are a few reasons to do a buyback and propping up the stock price is just one of them. There are many successful companies that do buybacks to decrease the influence of investors. Some even go private again. Google did a large buyback last year. Were they doing it to keep the share price high?

[Anonymous No.]

>>66382152
I saw that cover is already expirementing with adding redeem codes with merch

[Anonymous No.]

>>66381312
>the money should be used to invest in the business
Not necessarily. You just blurted that out, but the board of directors pretty much gets to operate under their own judgement (within a certain margin set by the law). If you're in a fast growing business then the best way to grow may be be to reinvest in the business itself. Eg, I dont think amazon has spent a cent on dividends or buybacks in their entire life yet their share price keeps soaring because they keep growing, all the money they reinvest into the business keeps getting multiplied exponentially.
On the other hand, if you have no way to quickly invest in your business and multiply your money, perhaps because your company is in a saturated market (which is absolutely the case for vtubing), maybe then there may be more of a reason to hand money directly to shareholders.
And no, they will not "have to pay dividends". Dividends aren't mandatory, they're just another strategic tool that the board may use in certain cases. I'm not going to state Riku is doing the right decision because I dont give a shit about Anycolor and have never even looked at their business but the claims in this thread like are ridiculous oversimplifications.

[Anonymous No.]

>>66375916
>talent compensation
Do we know if the talents get equity in Cover? The tech staff obviously do due to how competitive that field is but I would say that is more important. That may be a fair tradeoff to not give equity but give the talents enough cash and salary to keep them for shareholders so that guy who asked that might be retarded. Then again, you might not want to reveal that publicly.

[Anonymous No.]

>>66384728
There are rumors (probably rrats) that Sora might be a minor shareholder in Cover, but I'm not sure if any of the other talents are compensated with stock though.

[Anonymous No.]

>>66381394
Riku strategy of accelerating debuts worked really well during the pandemic bubble vtuber market, but now that the market is receding and stabilizing, I don't think it's going to work. If anything, the company hasn't been doing so hot, having to merge branches and increased graduations.
Iirc, they graduated as many members as they debuted last year.

[Anonymous No.]

>>66380966
https://careerhack.en-japan.com/report/detail/971

[Anonymous No.]

>>66385135
If that is the case, Roboco-san and Sakura Miko should've gotten stock too. Suisei and AZKi would've joined too late afterwards because they were part of the music label and it is doubtful they would've been able to negotiate anything at that point and everything afterwards was generations with standard contracts. But if Sora was the only person that got equity, I dunno if she would've been involved with other Cover business to have gotten it before switching to Vtubing.

[Anonymous No.]

>>66381312
>money should be used to invest in the business, improve shit and obtain more means of revenue
Invest in what anon, bunch of Chinese factories? Look at their source of revenue most of them comes from merchandising and sponsorship.
>Q1 2023 74%
>Q2 2023 62%
>Q3 2023 91%
>Q4 2023 76%
>Q1 2024 83%
>Q2 2024 81%
As long your talent/livers is still marketable and is not a brand risk, money just materialized

[Anonymous No.]

>>66360995
in a row?

[Anonymous No.]

>>66362921
You tell them sister! lol

[Anonymous No.]

>>66386891
Anycolor revenue increased 16% YtY. Cover 57%.

There is a massive boom in the streaming market and Anycolor while doing good is not using it to it's full potential. I remember when Cover used to be a tiny joke compared to them.

[Anonymous No.]

>>66383925
>ridiculous oversimplifications
It's not. You are just not narrowing down the options because you aren't looking at the decision made by Anycolor.
Anon, the company is literally imploding and some of their best talents are leaving for better opportunities and prospects in other companies, and you are saying "they have no way to quickly invest in their own business".
Holy shit, there are several talents who debuted in 2021 that still doesn't have a 3D model. Imagine, they will celebrate their 3 year anniversary still without a 3D.
You have talents debut in 2023 with fucking drawings made in paint as part of their assets because they don't have a budget for basic streaming necessities.
There is a lot of room for investing in your own company. Without to mention the lack of staff, you could do a lot to invest in the back-end of the company too.
And before you accuse me of being biased, they already had to close like 3 branches, and EN, their last branch, didn't meet their projected estimations last year, and it isn't looking good for this year either.
If anything, the suggestion that just handing out this money to the shareholders (including himself) is a healthy business decision is the ridiculous thing here.

[Anonymous No.]

>>66387284
anycolor increased 16% in the jp branch but thats mainly because Q2 didnt have nijifes like last year. it would be much more from that
also youre using all hololive growing 67% and while anycolor also separate the revenue growth per branch unlike holo do.

[Anonymous No.]

>>66388495
Company is imploding? how? their main branch, almost 80% of the company, is doing great and only 3 members graduated in 2023. the fact that you even think like this just shows me you overvalue EN while also ignoring that virtually all JP have it including 2022 debuts. EN could de as a branch and nothing relevant would change for anycolor.

[Anonymous No.]

>>66386891
Anon, despite it looking good that there was growth, the trend is actually really bad, from 71% to 36% and then 16%. In a year or two, that growth might turn into a loss. Meawhile, their competition is either maintaining their growth, or increasing it.

>>66388712
>didn't have nijifes like last year
You say as if it was something out of their control. It's purely incompetence.

[Anonymous No.]

>>66388957
Retard nijifes still happened in December

[Anonymous No.]

>>66388957
>You say as if it was something out of their control. It's purely incompetence.
nijifes happened in dec but it was shitshow

[Anonymous No.]

>>66389204
Shit show like what?

[Anonymous No.]

Why do retards still defend Nijisanji?

[Anonymous No.]

>>66388815
>is doing great
Is doing terrible. Look at this: >>66386891, their growth is reducing at an alarming rate.

>EN could die as a branch
I see you are also a fan of terrible management decisions. Well, good for you, they are doing exactly that.

[Anonymous No.]

Lol how can you think their JP branch is dying when they are still hitting the jackpot with people like that pic related? Stop projecting your failures on JP ENsharts.

[Anonymous No.]

>>66389296
See it for yourself:
https://www.youtube.com/watch?v=DMX2g0W2Hc8
https://www.youtube.com/watch?v=cQaKy0aKEDI

Day 1 had a peak of 100k ccv, and day 2 only 55k ccv.
Also, look at the place the event took place, they literally couldn't afford chairs for the people that paid to be there. And the event was almost 7 hours long on the first day, and almost 8 hours long on the second one.

[Anonymous No.]

>>66376633
Cover got alot bigger and invested a bigger portion of their profits back into their company, whereas nijisanji invested their money into yachts

[Anonymous No.]

>>66390244
>Day 1 had a peak of 100k ccv, and day 2 only 55k ccv.
Imagine being the retard to make an argument about this over what is a physical event that makes money by merch, tickets and things sold in there.
>>66389336
I dont care about EN faggot. Never watched and will watch any non jp branch exactly for the reason that they showed multiple times they cant do anything overseas and mismanage it. Theres a reason in japan they still have great reputation.

[Anonymous No.]

>>66390556
did they? where is the proof of that in the official documents?

[Anonymous No.]

>>66390666
>Theres a reason in japan they still have great reputation.
Nijiniggers still think the "NijiJP is doing well in Japan" cope will fly on /vt/

[Anonymous No.]

>>66390900
they very much are yes. having less popular members dont mean as an overall branch its not doing good.

[Anonymous No.]

>>66390666
>about this over what is a physical event
It's literally one of their biggest events, probably the bigger outside of Koshien.

>great reputation
You have to be a newfag. Nijisanji was shit talked about being a bad company ever since before /vt/. Only now the western audience are opening their eyes.

[Anonymous No.]

>>66390900
All 2023 debuts along with: >>66390189
Cope faggot. It's just your ENfailures doing bad.

[Anonymous No.]

>>66388712
>>66389336
If you include NijiEN it would be only 9% YoY increase. And ASSUMING Nijifes is doing as well as last year it would be 43% YoY increase.
>>66390666
Yes anon let's kill 15%~23% of our source revenue.

[Anonymous No.]

>>66360979
>>66361057
Former bank wagie here who took a few corporate finance classes in college. It's been over a decade and I'm rusty, so might not get everything right.

The simple way of thinking about it is that a company originally has 100 shares, thus each share is worth 1% of the company. If company is worth $100 total, then 1 share=$1. Now that company has $50, they go out and buy 50 shares at $1 each. The company then burns the shares (similar to what crypto does) so that there are only 50 shares left. If the company is still worth $100, each of the 50 remaining shares is worth $2. This effectively is the same as just distributing the money to shareholders, but actually distributing cash requires each holder to pay tax on that "dividend" distribution, whereas burning shares is tax-free (and the company can avoid income tax on money they "spent").
https://www.taxpolicycenter.org/taxvox/stock-buyback-excise-taxes-what-we-know-and-dont-know

Obviously there are a lot more complexities to this, but this is the simple explanation. Sometimes companies will keep the shares instead of burning and distribute them to employees/executive bonuses (i.e. instead of printing new shares and diluting everyone, they can buy back shares to give them out instead). Yes, printing is free, but it waters down existing shares and causes stock prices to drop (which makes investors angry), so it's better to burn some shares and make price go up. You might notice that once you "spend" $50, your company worth $100 isn't worth $100 anymore since you just burned money, and there's definitely an argument against buybacks as just wasteful pandering, but it ain't stupid if it works to increase prices.
Corporate finance goes a lot deeper, but simply put you can think of it as "buying" good publicity, or that the company has excess money it can't use for anything better (such as building a $20m studio like Holo). If you look at companies like Microsoft, buybacks are standard operating procedure since it shows confidence that they have plenty of money, and sometimes to an extent, perception of performance is more important than actual performance. Expectations drive stocks since they aren't representations of CURRENT value, they are representations of what people EXPECT them to do in 5-10 years from now. Even if an earning report is positive, if it is LESS POSITIVE than what people predicted beforehand, stock price will still go down (since pre-report price was based on the "more positive" guess people had rather than actual reality).

[Anonymous No.]

>>66391262
Meanwhile one of the strongest ENfailures with graduation buff... no comment.

[Anonymous No.]

>>66361620
Niji's a black company but they are very financially (and only financially) motivated. It's fun to shit on them but I'd bet that they're making moves to (out)play the stock market.

[Anonymous No.]

>>66361298
It's a cashgrab game at that point. Management does what their higher ups with company shares want, at the detriment of the company. Obviously not to scale, but see how game companies like blizzard have fared in the past decade or 3.

[Anonymous No.]

>>66367692
It's too late for 1 anyway. it only worked for holoen because the girls were all sticking around for at least one last year because the pay was still really great for the work they were putting in.
Nijien has no such luxury and the time to course correct was about nine months ago. Too bad they were busy firing talents over retarded shit at the time instead.
They can hypothetically still salvage the situation but it's gone from a preservation act to rebuilding after the tornado has wrecked the house situation.

[Anonymous No.]

>>66391015
I'm not a newfag, overall outside of 5ch where you all live, they have great reputation.
>It's literally one of their biggest events, probably the bigger outside of Koshien.
its a physical event you massive retard, the point is that what matters is what they make there not fucking ccv

[Anonymous No.]

>>66391330
>"only" 16% is bad
you would be a great investor in the game industry

[Anonymous No.]

>>66392987
>overall outside of 5ch where you all live
nta, and I've got nothing to say about your points, I just think it's funny that you think this EOP board even knows how to use 5ch lmfao

[Anonymous No.]

>>66392987
>I'm not a newfag, overall outside of 5ch where you all live, they have great reputation.
Seems like you are since they only have a great reputation in 5ch

[Anonymous No.]

>>66360931
kek

[Anonymous No.]

>>66390189
>>66391262
>hitting the jackpot
No, Salome was hitting the jackpot. Something they weren't able to capitalize very well, since she is hovering around 9k CCV now.
Also, I find it funny that you used pictures with their most CCVs coming from their first big tournament of the year.
Meanwhile, Cover also had a tournament at the beginning of this year, but look at the difference in ccv.
And look, even someone from their "overseas mismanaged" branch made it with 35k CCV.

And it's not like I'm a Nijisanji anti, I like many of their members, like Hayama, the entirety of Dokuzuhonsha, and even from the "new" batch (she was technically in VTA since 2022). Nozomi.
What I hate is how mismanaged the whole company is, I can't see Nijisanji growing healthy in like 5 years.

[Anonymous No.]

>>66393160
nta, but that's absolutely not true, and it proves how EOP you really are for thinking it. The "normie" space (i.e. the only group that matters, not the dramafags /here/ or on 5ch) loves NIJI JP.

[Anonymous No.]

>>66393216
just like how they were going to die years ago? we'll see how things will go in the next 5 years, meanwhile heres the company existing since 2017 and the agency for 6 years

[Anonymous No.]

>>66392987
>they have great reputation among normalfags
Normalfags doesn't watch vtubers. To them, whenever they appear in commercials, they are like mascots or something like that.

>ccv doesn't matter
This is a bad cope. CCV literally shows how popular something is. And NIjisanji has a terrible record of botting their own streams.

[Anonymous No.]

>>66393216
These are not tourney. I just picked the first row of their numbers starting from January.

>Salome was hitting the jackpot
She was just a meme on the nip internet for a while. Obviously it cannot be easily replicated, but to think JP is anywhere near to 'dying' despite them still being able to shotgun people like this is ridiculous. The only recent ENshitters who aren't total failures are Kotoko and Meloco as well, because they have support from JPGods.

[Anonymous No.]

>>66378424
Lmao look at this retard. How the fuck can vtuber companies go bankrupt when 3D lives and concerts are one of their strong points? And do you think it can't be rented out to 3rd party?

[Anonymous No.]

>>66393755
oh so you are a number monkey, thank you for make it clear how i shouldnt lose my time

[Anonymous No.]

Ok, let me ask something to any Nijifan out there: do you think NijiEN is being mismanaged? What about JP?

[Anonymous No.]

>>66393594
>just like how they were going to die years ago?
Why are you punching strawmans? Nijisanji literally peaked in 2021/2022. After that, they have been deaccelerating.

>company existing since 2017
You think that's a lot? Lehman Brothers was a huge bank in operation for over 150 years and it closed down.

[Anonymous No.]

>>66394083
>number monkey
If you don't care about the numbers, then just leave, you add nothing of value to this thread about company numbers.
You will just cope with your feelings of how things should be interpreted instead of what reality is.

[Anonymous No.]

>>66374492
Most of Anycolor controversies actually stem from these little things. A good manager will make the liver sperg less and say less retarded shit.

[Anonymous No.]

>>66391330
I didn't say anything about it's being bad you goddamn /v/ermin.
>>66388712
>>66391330
Also i did the math wrong it's 23% increase if we're using the same methodology as COVER YoY calculaction and yes it's also include Nijifes revenue prediction .

[Anonymous No.]

>>66393250
Sure they do just like how the "normie" space loves nijien andd not those darn pesky 4chan and reddit users

[Anonymous No.]

>>66394814
Hey, retard-kun, try to keep it together, no one fucking cares about EN. We're only talking about the branches that matter here.

[Anonymous No.]

>>66375007
idk if you follow this but clearly their plan is to do concerts in there and sell tickets to it. then keep expanding beyond that.

you can have people come to your platform and pay you money to attend concerts and do conventions or whatever you want in there like fortnite does.

it's not the worst idea when you brand is as strong as holo is in the streaming market.

[Anonymous No.]

Problem with nijien is that they want too much personal freedom. If they just followed their jp counterparts and stop complaining maybe they would get more support from the management.

[Anonymous No.]

>>66394892
no one cares about niji EN the same way no one cares about niji JP anon they both have the same reputation but you just put the main branch on the pedestal since they speak japanese

[Anonymous No.]

>>66395108
>no one cares about niji JP
Not in your deluded headcannon, of course not. But unfortunately for you the rest of us live in reality, where the opposite is true.

[Anonymous No.]

>>66395108
they have the same reputation LMAO that's why the branch makes more money every year. th fact that you think nijien reputation and jp is the same is amazing, next time youll say gundou was loved in jp because en fags had a meltdown

[Anonymous No.]

>>66394719
>>66393051
Nigger i should go to sleep.
>>66375007
All corpos(not the poor one) will eventually be gunning for Metaverse .

[Anonymous No.]

>>66380966
Absolutely DO NOT search for Riku's interview.
It either makes you laugh or seethe nonstop if you like the liver but are not a fan of the company for how blatantly he's lying to the investors. E.g
>T-The EN viewers are decreasing because they moved over to the JP livers!
>We are saddened by the high turnover rate of our livers since we are supporting them with the utmost effort. Their departures are ABSOLUTELY their own choice, totally not because of the shitty company culture that stunted their growth.

[Anonymous No.]

>>66382454
Except Riku already has the majority of shares with 43% of the total stocks you mongoloid >>66364418
Nobody is influencing no one right now.

[Anonymous No.]

>>66393803
>These are not tourney.
The mahjong tourney is literally the one pulling the most CCV in Ruri's screenshot, and in there it's also the case for Nozomi.

>it cannot be easily replicated
It was not even maintained. Salome got 1.7 million subs from may to december in 2022. And in 2023, her channel grew a grand total of 100k, even with the buff from getting her 3D model and a new costume.

>'dying' despite them still being able to shotgun people like this
Dying doesn't mean what you think it means. Dying means that they are doing the opposite of growing, and it usually leads to a death spiral that is hard to get out of.
And looking at their financial reports, they haven't been doing so hot after 2022, and with a bad perspective for 2024 and 2025.
The fact that the EN branch, which is is like 1/5th of their revenue is declining for the first time with no signs of getting better is not a good sign either.
Basically, shit like this buyback is one of the reasons why the company is dying. Instead of investing in their own company, they are using the resources to give money to the shareholders.

[Anonymous No.]

>>66388815
>EN could de as a branch and nothing relevant would change for anycolor.
What is it with you and your branch undervaluing? You do know that their stock crashed because EN is down 14% YoY right? How the fuck can you still spew this shit with that knowledge?