Dependence on External Live-Streaming Platforms
First written in FY2025. 1 of 3 entries say "Materialised", first in 2026-05-22. Latest entry: FY2026.
Kurashiru moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2023: 3 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We seek to mitigate this risk by continuing to do business with multiple live-streaming platforms rather than relying on a single specific platform.」
The company continues to pursue risk mitigation measures involving transactions with multiple live-streaming platforms, guidelines, training and monitoring. - 2026-05-22MaterialisedOther Disclosures
「Other Businesses, including the streamer business, increased 27.8% year on year due to the integration of the VTuber business. However, some areas fell short of expectations, including a decline in the gross margin due to changes in the bonus calculation logic following policy changes by the platform operator.」
Changes to the bonus calculation logic following a policy change by an external live-streaming platform actually resulted in a lower gross margin. - FY2025First statedAnnual report
「We seek to mitigate this risk by continuing to do business with multiple live-streaming platforms rather than relying on a single specific platform.」
The company identifies changes to or termination of contracts with external platforms such as TikTok LIVE, Pococha, IRIAM, 17LIVE and BIGO as risks. It addresses them through guidelines, training and stream monitoring.