Komori
Cover (5253) · InitiativeRestated

Expansion of the Large Motion-Capture Studio

First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2026.

5entries
4years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2023 – FY2024AdvancedFY2025-H12023: 220232024: 220242025: 020252026: 12026
Same theme, other companies
Strengthening Content Production Capabilities through New Studio ExpansionA theme 5 companies write about · 0 as a headwind · 6 as a tailwind

0 other companies' latest entry also says "Restated".

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Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「Specifically, while strengthening our 3D studio environment and other capabilities for developing higher-value-added content, we will apply the 3D rendering, motion-tracking, and related development expertise accumulated to date to existing businesses, including streaming content production, thereby improving the fan experience and supporting talent activities.」

    We continue to pursue a policy of using operational studio facilities and 3D rendering and motion-tracking technologies in content production and talent support.
  2. FY2025-H1AdvancedAnnual report

    「Cash used in investing activities during the interim accounting period was ¥1,315 million, compared with ¥2,975 million used in the same period of the previous year. This was mainly attributable to ¥955 million in expenditure for the acquisition of intangible assets related to development of the metaverse service “Holoearth” and other activities, and ¥310 million in expenditure for the acquisition of property, plant and equipment, including studio and head-office equipment.」

    Capital expenditures of ¥310 million for tangible fixed assets, including studio and head office equipment, were recorded for the operational studio.
  3. FY2024RestatedAnnual report

    「For events such as live concerts and fan meetings, we use studio facilities capable of large-scale motion capture and streaming, together with AR technology, to provide unique experiences that enable fans to feel closer to our VTubers.」

    We continue to position the new studio as a platform for large-scale motion capture, streaming, and event experiences.
  4. FY2024-Q1RestatedAnnual report

    「During the fiscal year, following the start of operations at the new studio in May 2023 and the relocation to our new head office in June 2023, we reviewed the depreciation method in light of how the assets were being used and determined that allocating costs evenly using the straight-line method was reasonable.」

    The new studio is again stated to have begun operations in May 2023. The relocation to the new head office was also completed in June 2023.
  5. FY2023First statedAnnual report

    「Since spring 2023, we have operated one of Japan's largest motion-capture studios, enabling performances by multiple VTubers and live streaming.」

    To enhance our ability to produce performances featuring multiple participants and live streams, we have developed a large-scale studio, with the aim of bringing live concert production in-house and improving costs over the medium to long term.
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Expansion of the Large Motion-Capture Studio | COVER Corporation (5253) | Komori