Popularity and Continued Activity of Affiliated VTubers
First written in FY2023. 4 of 6 entries say "Materialised", first in 2026-05-14. Latest entry: 2026-08-12.
Cover moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Against the backdrop of changes in the talent lineup and community environment, short-term adjustment phases were seen in streaming revenue and direct-to-consumer e-commerce sales.」
Changes in the lineup of affiliated talent and the community environment emerged as short-term fluctuations in streaming revenue and direct-to-consumer e-commerce sales. - 2026-05-14MaterialisedEarnings presentation materials
「A short-term adjustment phase in streaming and proprietary e-commerce sales against the backdrop of changes in the talent lineup and community environment」
Adjustments in streaming and proprietary e-commerce sales associated with changes in the talent lineup and community environment were explicitly reported as actual results. - FY2024RestatedAnnual report
「The Company's results of operations depend to a certain extent on the popularity of its affiliated VTubers and the frequency with which content is supplied.」
The Company continues to recognize its dependence on the popularity, activity frequency, health and continuity of its VTubers, and is responding by stabilizing content supply through multiple VTubers. - FY2023First statedAnnual report
「The Company's results of operations depend to a certain extent on the popularity of its affiliated VTubers and the frequency with which content is supplied.」
The Company identifies declines in IP value due to popularity, activity frequency, health, scandals, online backlash, defamation and other factors as risks, and is responding by stabilizing content supply through multiple VTubers.