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ANYCOLOR Posts Strong Financial Results for Fiscal Year Ending April 2024

Sales and profits soar, driven by commerce and promotion sectors
Japan
a 5032.TSE Mid and Small Cap 2000 Entertainment 100
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ANYCOLOR Inc. announced robust financial results for the fiscal year ending April 2024, with substantial growth across key financial metrics. The company reported sales of 31.995 billion yen, a 26.3% increase from the previous fiscal year. Operating profit rose by 31.4% to 12.361 billion yen, ordinary profit increased by 30.6% to 12.341 billion yen, and net profit surged by 30.3% to 8.725 billion yen.

The company’s financial performance was bolstered by its diversified operations across four primary areas: live streaming, commerce, events, and promotion. While the live streaming segment, primarily focused on video distribution activities such as YouTube live streaming, experienced a slight decline, the commerce and promotion areas were significant contributors to the overall revenue increase.

Key highlights include the successful “Nijisanji Fest” and the sales of 6th anniversary goods, which significantly boosted the commerce segment. The promotion area, handling corporate tie-up advertising, IP licensing, and media appearances, also saw substantial growth. These areas offset increased costs associated with building a new studio and other temporary expenses.

ANYCOLOR’s comprehensive approach, leveraging its VTuber intellectual property across various platforms and formats, has positioned the company for sustained growth. The continued success of commerce and promotional activities underscores the strong market demand for VTuber-related merchandise and events.

As ANYCOLOR continues to expand its operations and enhance its offerings, the company is well-positioned to maintain its upward trajectory in the competitive digital entertainment landscape.

 

 

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