That is literally what I just wrote twice now. Even if the rot found in NijiEN were to be found in NijiJP, it would take a cataclysmic event like their top talents leaving to change the JP audience's mind because they don't care about these issues.
Why would the top talents that make bank and receive preferential treatment leave? I never implied that was ever going to happen, I said if nearly a dozen talents in JP were to disappear, it doesn't matter because if they're not the moneyprinters.
The issue I'm making is that while they're the #1 corpo in Japan and their huge base will likely never leave them, their growth has slowed comparatively as HoloJP has seen higher growth. This isn't something that's an immediate issue for now, this is something that's an issue down the road if the trend continues. The big tell of this is the performance of NijiFes YoY. It was held in Q2 last year and they saw event revenue of 837m JPY. This year it was held in Q3 and made only 741m JPY. Comparatively their Q3 last year had event revenue of 429m JPY, so they moved their NijiFes into that quarter and only saw a 312m JPY increase when last year NijiFes produced 837m JPY event revenue by itself last year. Even if we were to assume that they killed all their other events for Q3 this year (which they didn't), that's still a ~12% decrease in revenue for their major annual event.
What about their promotion revenue YoY? That's stagnated from 1,206 to 1,223 YoY. Their livestreaming revenue has only increased by 15%. Their biggest growth was their commerce for 25% or 737m JPY and that's their lifeblood at this point. Meanwhile Hololive is growing substantially faster in all these sectors. You can't say you're thriving when you've been in 1st place for years and the #2 is rapidly gaining on you as you're making no new signs of substantial growth in the future.
Short spammers really get no love for their blatant exploitation of the system.
Sasuga doujin Vtuber
