Anycolor Faces Profit Pressure as Inventory Losses Mount
Anycolor's shift in inventory valuation standards signals that its commerce-heavy revenue model, which makes up 70% of sales, now carries the same risk profile as a character goods retailer rather than a pure VTuber management firm.
Reporting from 1 sources: GameBusiness.jp.
Anycolor, operator of Nijisanji, will report full-year earnings on June 10 after revising its forecast downward. Revenue exceeded the initial plan by 3-5% thanks to commerce and events, but operating profit fell 5-7% short due to inventory valuation losses. The company is now changing how it calculates those losses, and attention is on whether it can maintain its high margins going forward.
Anycolor, the company behind the Nijisanji VTuber brand, will announce its full-year financial results on June 10 after a downward revision to its operating profit forecast. Revenue came in 3-5% above the initial plan, driven by strong commerce and event sales, but operating profit fell 5-7% short because of inventory valuation losses. The company is now reconsidering how it records those losses, moving to a method that factors in inventory turnover days rather than simply writing off items judged unsellable. That change, along with the fact that commerce accounts for about 70% of revenue, makes Anycolor look less like a talent management firm and more like a character goods retailer. The key number to watch in the report will be the full-year forecast for the fiscal year ending April 2027, and whether the company can hold onto its historically high profit margins.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.
Sources
- GameBusiness.jp 在庫の評価方法の見直しを実施したANYCOLORの今期見通しは？―6月に決算を発表するゲーム関連企業一覧【決算発表スケジュール】