/vt/ - Virtual Youtubers

[Anonymous No.]

NIJI EN -22% FROM LAST YEAR Q4
-1600m yen from full year
MERGE INC

[Anonymous No.]

>>77949797
Jesus

[Anonymous No.]

>>77949797
>-22%
That's... nothing? I expected -70% or something, total crash, unsustainable and alike

[Anonymous No.]

>>77949797
Riku can still save it, he just has to axe the EN branch and merge it in. He has done it before.

[Anonymous No.]

>>77949797
The worst part is thay this is just EN's revenue. Unless EN's expenses have also magically dropped by the same percentage (kek), net profits for the branch will be WAY down (possibly even into negative percentages). It's telling that Kurocolor doesn't break down expenses by branch...

[Anonymous No.]

>>77950687
that's -22% with as much damage control as they could muster

[Anonymous No.]

>>77949797
>MERGE INC
holoseethe

[Anonymous No.]

>>77950809
aww look she learned a new word
cute

[Anonymous No.]

>>77950687
That's comparison to Q4 last year, which isn't that high unlike Q3 last year. Hell all 4 quarters this year are lower than even the LOWEST last year quarter, meaning EN is actually dying for a year now

[Anonymous No.]

>>77950687
it's a net loss after spamming events like concert, 3D debuts and shit
they gave it all and it wasn't even enough to level the playing field

[Anonymous No.]

>>77950687
Last year EN was 25% of the total. This year it's 15%. Proportionally speaking it's now half the value relative to JP that it was last year, and it doesn't look much better from a quarterly standpoint. EN has become well and truly negligible.

[Anonymous No.]

>>77950687
That's just the revenue. The branch is bigger and Nijisanji is doing more events, so branch expenses will most likely have increased (we don't know by how much, because Riku's accountants don't give us a breakdown of expenses or profit by branch, only revenue).

[Anonymous No.]

>>77950687
When you invest money into expanding (more livers, more events, more sponsorships, etc.), ideally, you're supposed to make more money back.

[Anonymous No.]

>>77949797
D-d-don't worry, acceleration will save us

[Anonymous No.]

>>77949797
i mean look at the Q4 graph, they "MERGED" both JP and EN already LMAO

[Anonymous No.]

>>77950687
Anon, the AR “live” was the hail mary, and even that didn’t save them.

[Anonymous No.]

>>77951224
At least EN's still gaining a lot of new subs and viewers

[Anonymous No.]

So now that the branch is dead, what does that mean for fungus who still has no 3D?
Did they just delete the files like they did for KR and ID? How will he cope with this? Will he still bitch and attack hololive?

[Anonymous No.]

>>77950687
>I expected -70%
if its 70% then even the JP are fucked KEK and ofc all the EN member will get fired.

[Anonymous No.]

>>77950809
sister, its already merged, look at the graph.

[Anonymous No.]

>>77950687
>literally lost the equivalent of an arm and sis are defending it as a win.
Nijisis are a monthy python joke at this point. Not evne worth insulting, they had the most “BUY BUY BUY” month ever in May and nobody brough shit.

[Anonymous No.]

>>77954057
>Gaining subs and views.
Cope should not beocme delulu lies sis. Sit down and cry.

[Anonymous No.]

>>77949797
That's it? What happened to it being a dead branch? Keep on praying, Holokiddies

[Anonymous No.]

>>77949797
Why merge? They would be better off firing all of EN and put all efforts into JP. EN makes them loses money and JP is going sky high.
EN costs them money to maintain and no growth nor profit is made.

Just nuke EN.

[Anonymous No.]

>>77954057
EN hasn't been getting subs for the past 3 months
They have been only losing them

[Anonymous No.]

>>77949797
Negligible
Sent from my iYacht

[Anonymous No.]

>>77950687
you don't know shit if you were expecting that huge of a drop

[Anonymous No.]

>>77950802
So they went from -40 to -22 and this is supposed to be a bad thing? They lost less money when they shitcanned Selen. Should have cut out the cancer sooner

[Anonymous No.]

>>77954390
They couldn’t even achieve a neutral state with the injection of every maneuver they had stocked up in their arsenal. Failing to gain to at least +1% after you finally unleash the fabled AR shit is a travesty.

[Anonymous No.]

>>77949797
the yacht got torped and is taking on a lot of sea water

[Anonymous No.]

>>77950687
They just lost their big merch sellers anon
I doubt their 3view replacements will net them the same amount of merch sales

[Anonymous No.]

>>77954390
You just pretend to be retarded, don't you?

[Anonymous No.]

>>77954157
it's -50% from what they were last year on the best of days, if I was holding that bag I'd nope out, especially when I know things like concerts are DoA for them nowadays
very likely to see a merger this year to reduce costs

[Anonymous No.]

>>77949797
They made -22% despite shitting out merch and events after another. May be -30% at least under normal procedures.

[Anonymous No.]

>>77954593
Costs of what?

[Anonymous No.]

>>77954648
Maintaining a branch still costs money. Starts with EN managers, to production of merch and events. Costs of promotion, what little there is and so on.

[Anonymous No.]

>>77949797
Riku strategy:
ACCELERATE

[Anonymous No.]

>>77954648
legal retainer costs, cost of hiring staff and anything that might come along with hiring EN equivalents,
they'll try and shave as much off as possible because if they were to try and tighten margins on the talents themselves it would kill them,
they might try and graduate the talents that bring in the least but I don't see them knocking out someone like Finana so I don't know who could be thrown on the chopping block,
but I can see them letting the branch run on fumes if they don't merge in the next few months

[Anonymous No.]

>>77954881
Staff...?
>>77954740
Managers...?
Huh?

[Anonymous No.]

>>77954740
>Starts with EN managers
Which would still be working at niji anyways
>production of merch and events
Which they'd get if they stayed in EN anyways
>Costs of promotion
Which they'd still get the same amount of in EN or JP anyways. ID was only merged with JP because most of those fucks spoke Japanese. There is zero financial gain from merging the two branches.

[Anonymous No.]

>>77954907
even if they don't have any, they will sink a lot of costs on ""staff"" to round out the numbers
and investors will be saying "well then cut on staff"

[Anonymous No.]

>>77954916
You just proved why its a gain.
All the expenses would fall under one banner.
JP alone makes enough money that a merge with EN means there wont be any financial losses on future reports from a seperate branch.

[Anonymous No.]

>>77954161
>Just nuke EN.
No, that's dumb, there's still plenty of money to be made and milked out of the organs. The problem here is that it doesn't make any sense to keep going with EN as a separated branch.

>The sisters are the only ones buying the merch
>They are incapable of replicating Luxiem's success with the new waves
>Spamming events was worthless
>Negative growth

The smart thing would be to merge and cut costs.

[Anonymous No.]

The numbers are what they are, and Nijisanji is hiding them the best they can, their financial people and accountants are quite good. I think the past hour or two has established that quite well. The question I haven't seen asking is though, how many graduations are they going to allow from the EN branch? If they are merging anyways, then the queue is pointless anyways and you might as well get it done and then get people to leave then. But what kind of incentive does Nijisanji have left though? The people not streaming seem like the most likely to go, Kotaka, Petra, Rosemi although Kotaka is probably for other reasons. I would have thought Scarle would be there too but she is streaming consistently without a schedule. But yeah, July's yearly investor meeting is going to be a bloodbath especially with the Japanese fund managers that invested for people's retirement funds in this dumb company.

[Anonymous No.]

>>77955245
seeing how they lost at min 47% of their valuation YoY a merge makes sense,
if they're smart they'll try and give a package for the organs to stay on
but that would be a first for them and they don't seem to really understand the talents changing corps since it doesn't seem as common in their home market

[Anonymous No.]

>>77955125
Merging would literally do nothing but make shit harder. The expenses being divided means nothing

[Anonymous No.]

>>77955480
They'll never be as good at hiding the revenue of EN as Cover is

[Anonymous No.]

>>77954057
EN has been consistently losing subs since February. Hell, Elira has lost the better part of a year and a half of channel growth, and certainly over a year, with no sign of stopping.

[Anonymous No.]

>>77954390
Are you just going to spam this retarded shit in every thread? You clearly don't know how any of this works and society would be better off if you ended your life today

[Anonymous No.]

>>77954057
Are you retarded?

[Anonymous No.]

>still account for more than 10% of Nijisanji's net revenue
>still making over $25 million a year
yeahhh sure, merge soon guys!

[Anonymous No.]

>>77955696
>No you don't understand. Losing less money than you did before is wrong because.... it just is okay!
Guess you don't mind if you get robbed of 20 thousand dollars or twenty because losing money at all is the same amount as bad

[Anonymous No.]

>>77955774
Please I'm begging you to do society a favor and kill yourself

[Anonymous No.]

>>77955822
I accept your concession

[Anonymous No.]

>>77950687
-22% is nothing?
Are you for real?
Imagine losing 22% of your income, for most people that would be devastating...

[Anonymous No.]

>>77956067
>This giant mega corporation stubbed their toe? That's terrible. Imagine if a toddler with cancer stubbed their toe. That'd be devastating
That's what you sound like

[Anonymous No.]

>>77956204
Why is your toe over a fifth of your body you mutated fuck?

[Anonymous No.]

>>77955125
Companies aren't charities, most companies won't maintain products/projects that constantly lose money just because they have another product/project that is overwhelmingly successful.

[Anonymous No.]

>>77956316
Why are you comparing one person's income to a mega corporation,you commie fuck?

[Anonymous No.]

>>77955125
>>77955564
Merging will reduce expenses by cutting off all non-Japanese support for the livers that came in from the merged branch.

[Anonymous No.]

>>77956316
They're baiting for more heated responses because there's a niji janny engaging in these threads and trying to get people banned. One removed a post of mine and other anons and obviously filed a ban request but the mods ignored it (because it didn't break any rules).

[Anonymous No.]

>>77956371
>you commie fuck

[Anonymous No.]

>>77956067
The livestreaming income dropped even more than 22%, and that's where all the talents income is coming from. The income of the talents is probably down more like 1/3 or more.

[Anonymous No.]

>>77954390
Retard

[Anonymous No.]

>>77956610
Yup, even forgetting NijiEN for a second, all the organs are actually making less money while the company keeps all the revenue for itself.

[Anonymous No.]

>>77956787
>Most of the revenue comes from merch
>Livers make 2% from merch
Explains why Vivi has that melty over spilled soup, that was her only meal of the week

[Anonymous No.]

>>77949797

[Anonymous No.]

>>77956923
tell down picture

[Anonymous No.]

>>77950687
thats because theyve been spamming the merchs and events, but check the livestreaming rev: despite always debutting more and more members to inflate that total up, it went from 400s to 200s now

[Anonymous No.]

>>77949797
I don't want the merge to happen. EN can fuck off for all I care I don't wanna jmagine the sisters going after Furen for some retarded reason.

[Anonymous No.]

>>77956446
Oh, so this merge shit isn't supposed to be an actual merge and is a schizophrenic pipe dream for people to get most of EN fired. That makes sense

[Anonymous No.]

>>77956787
Explain to me how they can increase profits by multiples, while the size of their viewership actually declines? Surely that can't continue? I mean their audience doesn't have infinite money

[Anonymous No.]

>>77957037
Just like it was a schizophrenic pipe dream for KR and ID and the former EN branch
Oh wait...

[Anonymous No.]

>>77957068
>A big part of the Q4 revenue comes from the merch sales of the Nijifes
>Anycolor has been spamming events and merch as crazy for the past few months
>Their forecast for the Q1 predicts a decline of revenue

Basically, to save the year they went fucking all out on merch and milked the whales until their wallets were literally empty.

[Anonymous No.]

>>77957205
All that milking and they still went negative
Embarrassing

[Anonymous No.]

You should have listened to Goldman Sachs when they said EN is irrelevant anyway
JP has always been the main focus and rose fantastically. Why bother looking at anythijg else as an investor if JP is that strong?

[Anonymous No.]

>>77957203
Speaking of ID and KR, what kind of state were they in at the time they got merged? Better or worse than EN is currently is?

[Anonymous No.]

>>77956787
>Livestream revenue down.
>Livestream revenue is the only one thst the contract assures they get.
>Everything else is not clear but we have a multiple party call of 2% on merch.
>Only selected favoured people get merch.
Livers? More like fucking slaves.

[Anonymous No.]

>>77957358
ID was merely stagnating but Kurosanji saw “no growth” in ID. They were abundantly wrong but I digress.
KR was an hot steaming mess, the branch was a massive failure that makes EN look like Apple shares.

[Anonymous No.]

>>77957442
>Thinks members don't get paid to advertise or to perform
The concern fagging usually only starts when someone loses

[Anonymous No.]

>>77949797

[Anonymous No.]

>>77957530
May as well shutdown the deadweight branch at this point

[Anonymous No.]

>>77957530
JP fucking exploded in revenue ever since last year. It's just a completely different beast.

[Anonymous No.]

>>77957530
NijiEN is such a big waste of resources KEK

[Anonymous No.]

>Tis nothing but a scratch

[Anonymous No.]

>>77957358
Anon did you miss how theres only 3 IDs left in the whole company
That state
They're basically on lifesupport but nijisanji doesn't want to cut it. It boils down to "just do whatever retarded shit you want until you graduate, we arent paying you anything"

[Anonymous No.]

>>77958151
also reminder that Hana had to turn to prostitution because she was getting nothing in nijisanji. that will be the fate of all the nijiEN whores

[Anonymous No.]

>>77958349
What what?

[Anonymous No.]

>>77954390
they lost less money because they have fewer money shithead
if you add it up they lost 62% from Q3 and Q4
how is this a good thing for a report

[Anonymous No.]

>>77956067
-22% after losing 40%
sisters are retarded that they coping that losing less money is a good thing

[Anonymous No.]

>>77957339
you think this board cares about the JP branch?

[Anonymous No.]

>>77959459
>They have fewer money
Get this ESL retard a textbook. They're generating money. They generated 20% less money than last year so they're not losing out as much. You lost. Now Nijisanji is the king of the Vtubing corporations and is the official number 1

[Anonymous No.]

>>77959611
So uh
why can't the king of vtubing corporations fill an audience?
like ever? Anywhere outside of their home turf?

[Anonymous No.]

>>77957026
Too late lmao

[Anonymous No.]

>>77959709
When was the last time a chinese niji concert filled up

[Anonymous No.]

>>77960093
Dunno, but AX definitely isn't gonna be one.

[Anonymous No.]

>>77959304
nymoussy fansly

[Anonymous No.]

>>77958349
And I hope she does it again

[Anonymous No.]

>>77960151
>this is what "success" looks like in the heads of braindead nijisisters

[Anonymous No.]

>>77949797
My only issue is referring to Merch(plus other inexact items) as Commerce.
What the heck else is there?

[Anonymous No.]

>>77958151
Life support implies that Niji was supporting the ex-IDs at all. The company was just waiting for the ex-ID livers' souls to leave the bodies.

[Anonymous No.]

>>77960945
Escort Revenue, Elira getting gangbanged by the investors should still net them some income

[Anonymous No.]

>>77949797
Wow, they really did try for Q4. It really sucks that EN didn't carry its own weight and Q2/Q3 underperforming so much.

[Anonymous No.]

>>77949797
22% is a miniscule drop compared to what people were expecting. All we've heard for months is how the entire branch has collapsed and is completely dead kek

[Anonymous No.]

>>77962215
it is though, still lost money despite millions invested in concerts and stock buyback

[Anonymous No.]

>>77962215
Yeah, I don't get why people are freaking out. It's not like AnyColor increased the amount resources to the EN branch. If they run it with the same margins they do with the JP branch, the EN branch needs to make way less money per person for the branch to be completely die.

[Anonymous No.]

>>77962215
>>77962331
>Spend more on projects and events, made less
>Lost revenue for 5 straight quarters
>Just dumped most of its money into a buyback that will melt into nothing. Again...
>Instead of reinvesting into its talents
You have to remember that this is gross, not net profit. You're falling for the shell game.

[Anonymous No.]

>>77949797
is there anything about Revenue per Vtuber?

[Anonymous No.]

>>77959721
Huh, did they go after the NijiJPs already?

[Anonymous No.]

>>77962384
there's almost zero expense once a vtuber has set up and debuted. once they have all the equipment even 3D shit is free money after the initial cost. It's pure gravy. You should watch Stronny's VAllure Exposed vod, she goes into all kinds of details on running an agency and how it is virtually no overhead cost at all.

[Anonymous No.]

>>77965220
That's assuming there's no merch, no managers or other support staff, no events, etc, which is a death sentence for a corporate vtuber.

[Anonymous No.]

>>77965220
>Salaries, Event venue costs, animators, musicians, artists, talent managers, manager managers, sponsor toilet, advertisers, designers for said adverts, advertiser managers, directors, office facilities, servers, model artists, forty RIGGGGGERS!!, software loicenses, accountant fees, lawyer fees, compliance fee fees, yacht fees, yacht maintenance, yacht fuel, yacht dock fees, yacht insurance, insurance insurance, development costs for their streaming shit, Merch design costs, merch production cost, merch storage cost, fulfillment services, literally just shat out a new gen equipment and all, $64 million in stock buybacks, crayons and jack daniels to speedrun Selen's termination notice in 2 hours, bengay for riku's negligible'd asshole.

[Anonymous No.]

>>77962384
Considering they did +42% YoY and doubled Cover's profits I really don't think reinvesting into the talents actually matters for anyone but the viewers

[Anonymous No.]

Lmao this was your big bombshell? It's actually negligible. NijiJP's growth easily covers it. And it's pretty clear that the biggest reason for NijiEN's decrease is Luxiem losing their Chinese fans. As expected, the people whining here never watched in the first place.

[Anonymous No.]

>>77965747
I'd say helping the formerly 23% of your income recover from dropping to 12% as part of its 15 month continual decline would be more important than literally wasting the money feeding dippers with a pump and dump. I'd also question why feeding dippers is more important than rectifying the longstanding 3d queue bottleneck but what do I know.

[Anonymous No.]

>>77965996
They've been putting more resources into EN than ever, it doesn't matter

[Anonymous No.]

>>77965747
>>77965941
Companies aren't charities, they have no reason to keep a branch that's constantly losing money.

[Anonymous No.]

>>77962215
They only published revenue, not profit. Revenue dropped 22% while expenses went up by putting on a bunch of big banner events, so the hit to net profit was much bigger than 22%.

[Anonymous No.]

>>77966062
Adding a speck more than basically nothing after self-immolating do be lackluster. Can't imagine why.

[Anonymous No.]

>>77966067
Except they're not "losing money" the branch is bringing in less than it used to but they're way, way better off than ID or KR ever were.

[Anonymous No.]

>>77966067
Good thing Nijisanji has more than double the profits of Cover then to make up for that.

[Anonymous No.]

>>77966152
My brother in christ they only have 200 million left to frontend their events, projects, and merch. It's literally less than their reported expenses.

[Anonymous No.]

>>77966067
> losing money
Dramabirds are actually so fucking stupid.

[Anonymous No.]

>>77966292
Actually, from a shareholder's perspective, a decline in revenue is quite bad, even if it is not as bad as an outright loss. Shareholders care more about potential future growth than they do about immediate profit. That is why they propped up Telsa for years even though it spent a good chunk of time being unprofitable.
This mentality has its fair share of critics, but it is still arguably the dominant way of thinking among shareholders and stock traders.

[Anonymous No.]

>>77966292
If they weren't losing money they wouldn't be hiding what branch of the company their expenses are coming from.

[Anonymous No.]

>>77966292
You are correct. Their revenue is only declining for 15 straight months while expenses are climbing and now they're wasting nearly all their cash on a stock buyback instead of reinvesting it in the talents.

[Anonymous No.]

I wouldn't even say the people saying "that's it?" are sisters, people have a really bad habit of hyping themselves up to see the titanic sink and then getting butthurt when they realize these things are usually a "death by a thousand cuts" situation instead. anybody saying a 22% loss is less than they expected is retarded, yes, but not every retard sucks riku cock.

[Anonymous No.]

>>77958151
You say this like it's a bad thing. I hope she continues. That was some of the hottest shit ever.

[Anonymous No.]

>>77961734
>Income Deez nuts
>Airplane noises
I wonder what's going through her head. If she's in so much denial about the whole situation or if she's actually holding together

[Anonymous No.]

>>77950687
A revenue drop of -22% for NijiEN is a major loss when HoloEN was increasing their revenue. Nijisanji damage control included spending money on 3D debuts which did soften the blow. The big question is whether Riku will switch out EN management or if the yacht will keep ramming into icebergs and bleeding numbers.

[Anonymous No.]

>>77967061
Spending fucking what? Weren't they made way back?

[Anonymous No.]

>>77966832
Despite EN's decline, Anycolor had their highest earning fiscal year thanks to the JP side, but they're blowing almost all of the year's profits on the buyback.

[Anonymous No.]

>>77966654
Good job that revenue went up by a huge amount. Lets give the EN branch another couple of years to see if they can pull their weight or either cut them or put them on maintenance mode.

[Anonymous No.]

>>77968469
>>

[Anonymous No.]

>>77950687
>A quarter is nothing
wowowowow sisters can't do 3rd grade math

[Anonymous No.]

>>77949797
Doesn't seem good at all for EN, but as other anons have said, it's likely the EN will never go away to keep up the facade that Anycolor has serious plans to invest internationally.

I cannot support the folks at EN any more after all this insufferable drama, but this statement still rings true:
I hope whoever I like gets the fuck out, and whoever I dislike stays with Anycolor forever.

[Anonymous No.]

>>77955822
You are so mad

[Anonymous No.]

>>77973888
same

hoping Rosemi, Petra and Scarle find the exit soon
i kinda like Aia but she's thrown down for the black company so meh

[Anonymous No.]

>>77954057
>a lot
>less than 10 000 this month
not because some organs begun to gain subs again means they will recover from the hemorrhagic loss this year anytime soon

[Anonymous No.]

>>77949797
nice deflect from holo bowing to china supremacy

[Anonymous No.]

I like how -22% is being downplayed by the sisters, when on top of the -22% Anycolor is about to spend 40-50million USD in order to stabilise the share price caused by NijiEN fucking up in the 1st place.

[Anonymous No.]

>>77976837
>hoping Rosemi, Petra and Scarle find the exit soon
Likewise, but they're gonna have to wait for their contracts to expire, or hope they get culled when the branch merger happens.
Or they can get fired, but Niji might be petty enough to take a "permanent stealth suspension until your contract expires" approach to meting out punishment.

That's not a misspelling, it's a conjugation of "to mete," as in "to mete out punishment" or "they will be meting out punishment"

[Anonymous No.]

>>77972556
neither can you retard, a quarter is 25%

[Anonymous No.]

A lot of anons seem to be overlooking the fact that the 22% is REVENUE (For laymen: That means their income before paying all their taxes and bills). And not actual net profit. They hid their EN operating costs by merging the JP and EN costs into a single number.

So for all we know EN could have already been in the red before all this went down. Given how the ID, KR, and IN branches were it wouldn't be surprising EN has been red this whole time. Going into the negative is expected par for the course when entering new markets in most industries.

[Anonymous No.]

>>77981889
I can't believe coping dramafags think Anycolor spends over 26 million dollars on EN every year. Tell me where you think that 26 million went

[Anonymous No.]

>>77982694
Where are you getting 26 million spent on EN? They explicitly merged the EN and JP numbers so that the report readers wouldn't actually know the number.

[Anonymous No.]

>>77949797
They only lost 6 million dollars. How much did Cover loose from last year anon? Over 15 million dollars less revenue. Niji will always win

[Anonymous No.]

>>77981481
NTA but both of you missed by about 3% so it is about the same margin of error, negligible even.

[Anonymous No.]

>>77982798
As a direct result of them losing 6 million, they've just spent about 1/2 their liquid assets in order to do a share buyback in order to stabilise their share price. That's just today. If you add in the buy back less than 12 months ago the picture gets worse

[Anonymous No.]

>>77949797
you guys hyped this up as the death of niji but it's the same as when cover releases a report form a slow quarter right after a big one with holofes and shit. meh.

[Anonymous No.]

>>77982798
I know you're trolling, but I think Cover is still a better investment even excluding all drama. Cover makes far more per-talent, and has fewer talents. That means many times lower chance of a controversy happening by virtue of sheer numbers alone -- and that's not even factoring the higher risk per person of Niji due to their "hands-off" shotgun approach to recruitment.

Niji's higher number of talents also means higher operating costs. Which means Niji either has to operate on far thinner profit margins, or they have to be far more exploitative of their talents. (The latter explains their much higher turnover rates)

[Anonymous No.]

>>77949797
Holy fuck

[Anonymous No.]

That's way more than I was expecting, I was thinking it'd be closer to a 10-15% drop, I thought that all the last minute event spam they did would bring it back up to something more tolerable but that's almost a quarter of their last year's profit that just went fucking poof into the ether, and all because Elira and her pathetic little clique of bullies couldn't let well enough alone

[Anonymous No.]

>>77984506
and considering that they did push all that stuff, the real number of losses is probably way worse

[Anonymous No.]

>>77984506
Someone ran the numbers and if they didn't mass spam events for EN, the decline would've been around -35%.
So even with Niji pulling a hail mary (3D lives, two concerts), the EN branch still reported -22%.
Which, for any growth company, is disastrous. JP can only hold the line for so long.
The fact that even Riku is predicting only about 10% growth next year in total (for both JP and EN) is extremely grim.

[Anonymous No.]

>>77986634
Any growth at all is pretty good honestly the field is really fucking saturated

[Anonymous No.]

>>77959543
doubt thats a sister post because i was expecting the same. -22% is a pretty big ouchie but it isnt the crash and burn i was expecting

[Anonymous No.]

>>77956316
because nijisanji defenders are not human