Nijisanji L Collection

[Xuhle]

I think making and arguing over rrats for a month + has affected your brain pretty badly. Maybe you should give it a rest idk.

No listening to true crime con artist for overr a month have rotted my brain and looking at a lot of scams.

I at least know these are probably dumb and have little to no evidence for except looking at the past and other companies for similar things.

 

[VSoyBoy]

New pretty dumb rrat, and again listening to too much true crime con artist stuff.

Nijisanji is pulling an Enron. Cooperate corruption throughout the company, making a highly toxic and competitive work environment where they are literally eating each other, and accounting fuckery included in all of this even with the shareholders.

Enron - Wikipedia

en.m.wikipedia.org

https://en.wikipedia.org/wiki/Hanlon's_razor

 

[Xuhle]

https://en.wikipedia.org/wiki/Hanlon's_razor

Hard to say if this changes anything with the dumb rrat as Enron didn't have malice ether, just outright greed. Which I think we can see nijisanji being at least somewhat greedy.

Accounting is certainly not my territory and literally just makes my head spin by looking at it if someone doesn't give lamin terms to understand things.

If someone wants they can certainly compare go through an see how far off I'm at with this dumb rrat.

 

[agility_]

Enron was a living caricature of late 90s corporatism. The shit they pulled, the stuff they almost got away with gives you an insight not on the Evil Hearts of Men tm. but rather the grotesque consequences of running a creatively accounted, unregulated business.

 

[Xuhle]

Enron was a living caricature of late 90s corporatism. The shit they pulled, the stuff they almost got away with gives you an insight not on the Evil Hearts of Men tm. but rather the grotesque consequences of running a creatively accounted, unregulated business.

With how we know nijisanji from what we can tell is fragility ignoring the laws in California, Canada, Japan and probably others we don't know of yet. They are also doing some legal creative accounting with the by back and "negligible".

 

[VSoyBoy]

With how we know nijisanji from what we can tell is fragility ignoring the laws in California, Canada, Japan and probably others we don't know of yet. They are also doing some legal creative accounting with the by back and "negligible".

- Stock Buybacks are standard stuff and absolutely something you might want to do if you've got your business in order and cash to spend.
- "Negligible" was a true statement at the time that was received badly by people it wasn't aimed at.

The contract lingo, being contractors instead of employees both seems to be industry standard and would need to be challenged in a court of law to make definitive statements on it's validity. And it's not an easy fight at the best of times, see Uber and the gig economy as a whole.

 

[Xuhle]

- Stock Buybacks are standard stuff and absolutely something you might want to do if you've got your business in order and cash to spend.
- "Negligible" was a true statement at the time that was received badly by people it wasn't aimed at.

The contract lingo, being contractors instead of employees both seems to be industry standard and would need to be challenged in a court of law to make definitive statements on it's validity. And it's not an easy fight at the best of times, see Uber and the gig economy as a whole.

Wasn't saying they were hence why I said legal creative accounting. It's still being creative with there accounting and making as most as they can.

And yes the labour laws will need argued in all courts, which will never happen especially with each country having to settle it then. But labour laws while the flashest isn't the only laws they are breaking, privacy, and IP law seems to be other laws they are breaking.

Hell look at the latest thing sayu mention of them only giving her 3 hours to look over a gag order contract, presumably, just for her to leave peacefully. I'm not in commiefornia but I'm pretty sure that is illegal for that time amount.

 

[Nenélove]

Something to consider. Vtubers live off internet fame. Some have life experience and a liable to raise hell if you try to fuck with them (e.g. hags), but rather a lot don't. And we know that Niji requires PLs to be shut down (Holo, Phase Connect or Idol by contrast, don't), which I imagine is already filtering out some of the more outspoken candidates in favour of hopefuls who are ready to throw everything away for their big break. Hopefuls who willingly burn their own bridges to leave them without an alternative.

Obviously, Sayu was more outspoken than Niji expected, and so was Selen, but I imagine their legal department had a lot more experience with livers that'd already been browbeaten into accepting their position after sacrificing their alternatives, unwilling to put up a fight. And Nijisanji's hiring conditions facilitate exactly that kind of attitude. It's what they're looking for. It doesn't want creativity and grand projects and talent initiative. Talents that are like that cost money and demand effort, and that's just not part of Nijisanji's low cost business model.

Nijisanji only wants you to shut up and stream.

Big question for me is how Niji is going to course correct without pissing off the shareholders.

As you say, Nijisanji already has minimal expenses, there is hardly anything to cut. And we know from Niji's financial reports proudly noting their minimal expenses and Cover's Q&As featuring Yagoo beating back vultures complaining about excessive expenses and talent renumeration that the average shareholder knows little about the industry but really likes cutting expenses.

You might get a situation where Niji knows how to fix the problem (rainbow goes here), but attempting to do so might lead to a shareholder revolt.

That's not necessarily a problem if Niji owns enough of its own stock to tell the other shareholders "Fuck you, lol", but doing so would tank the stock.

That is also not necessarily a problem if Niji can just sit on its shares and wait until problems are fixed and line goes up again, but if Niji relies on occasionally selling some shares to deal with outstanding debts and similar (as is more or less the norm), then it becomes a potential death sentence.

Also it'd tank the value if Nijisanji plans to issue more shares in the future.

This isn't to say that Niji is doomed, since (Gundou and Chihiro notwithstanding) JP is trucking along, and we really don't have a picture of how affected EN is in the long term, either. Just speculation.

But while it may or may not take it, there is now a visible path to doom and Niji might potentially be quite limited in its available means to avoid it.

Though since Holo's ability to grow is IMO limited by its Idol/event niche, I don't think Nijisanji is likely to die unless a competitor fitting the same casual streaming niche pops up.

I don't think Niji is gonna sink because of EN, in the grand scale of things EN has always been and will probably always be a minor league compared to JP. It's just that us westoids put a lot more stock on ourselves than is warranted.

 

[MerelyTourist]

And yes the labour laws will need argued in all courts, which will never happen especially with each country having to settle it then. But labour laws while the flashest isn't the only laws they are breaking, privacy, and IP law seems to be other laws they are breaking.

Labor law is easiest defence though, and in many places you can offload that dispute to the government clerks, both offensive and defensive.

 

[Nenélove]

Labor law is easiest defence though, and in many places you can offload that dispute to the government clerks, both offensive and defensive.

Never trust the government.

 

[Limkin]

I don't think Niji is gonna sink because of EN, in the grand scale of things EN has always been and will probably always be a minor league compared to JP. It's just that us westoids put a lot more stock on ourselves than is warranted.

It's going to sink because Riku doesn't plan on it's continuing to swim. The man admits he has no long term plans and only cares about short term profits. This is not how you run a corporation based on good will of customers and satisfaction of employees. At best he will sell it to someone who gives a shit, at worst it will become the second coming of Kizuna AI clones, with recasting people for graduated members and firing everyone who doesn't meet monthy quota

 

[Nenélove]

It's going to sink because Riku doesn't plan on it's continuing to swim. The man admits he has no long term plans and only cares about short term profits. This is not how you run a corporation based on good will of customers and satisfaction of employees. At best he will sell it to someone who gives a shit, at worst it will become the second coming of Kizuna AI clones, with recasting people for graduated members and firing everyone who doesn't meet monthy quota

Niji has existed for 5 years, I don't see why they will just suddenly implode now that EN flopped. Reality does not adhere to our hopes and wishes.

 

[Limkin]

Niji has existed for 5 years, I don't see why they will just suddenly implode now that EN flopped. Reality does not adhere to our hopes and wishes.

It has nothing to do with EN, the reports talk about an entire company. And JP isn't happily chugging along anymore either, we already had an old guard graduate and her friends openly retweeting redebut on their public Niji accounts. Japanese are notoriously pro corpo and "shut up and deal with it", the fact that they do something like this is really bad news

 

[Xuhle]

Niji has existed for 5 years, I don't see why they will just suddenly implode now that EN flopped. Reality does not adhere to our hopes and wishes.

Probably dumb to really try and continue to argue for the Enron rrat but this is why I was seeing similarities between the two. While I don't think nijisanji will fall just from en failing, I do see them eventually failing cause they refuse to change there ways for any overseas market. Which is the same thing with Enron as they tried to get into being an Internet provider which failed and then water production which also failed and both of those lead back to Enron itself collapsing then.

 

[sbm]

Purely from a business perspective, I think the biggest problem Nijisanji is facing is a failure to develop the brand or expand the market. You can see this in their recent JP waves... they all fall somewhere in the 1k to 5k viewer range and the exceptions prove the rule, with Nozomi and Ruri being above that. Since 2022 Salome has been the only breakout star and she was neither imitated nor capitalized on.

Again purely from a business perspective (so ignoring the drama parts), whatever VTA might contribute in talent preparation and risk reduction, it has taken away more in eliminating the surprise factor. You can see this with falling debut numbers on the JP side. Fewer people want to tune in to a debut when 80% of a new talent's ability and creativity is already known. A major part of what propelled Salome to such first month heights was the hype/mystery around her solo company anniversary debut, and it's crazy that Anycolor can't recognize the reasons for their own success stories. I personally feel VTA is the kind of idea that sounds great when someone in company operations proposes it, but that any competent person in marketing or IP development should have instantly shot down.

But that's the problem, really. From my perspective, even despite the projects it launches like music units, Nijisanji isn't able to progress past the "just a bunch of streamers" image that it's had since 2018 and 2019. In 2020+ that's run-of-the-mill when everyone in vtubing is just a bunch of streamers. Like, what's next? Where are the next group of fans coming from? Who are they bringing in to the hobby? To constantly grow the business, these questions need mid-term and long-term answers.

The failure to develop viable overseas businesses is wrapped up in this too. We see things from an EN perspective here, but the collapse of both NijiID and NijiKR are arguably bigger problems, since clearly both markets are viable as the relative success of HoloID and home-grown KR agencies have proven.

They aren't going to implode anytime soon. Even if they stagnate as a business starting in 6 months and going forward from there, they're profitable doing nothing new, and the public float is small proportionately. So it really doesn't matter how shareholders see things nor what their market price is. But a growth business needs a vision, and I'm lost as to what Anycolor's is.

 

[Xuhle]

Purely from a business perspective, I think the biggest problem Nijisanji is facing is a failure to develop the brand or expand the market. You can see this in their recent JP waves... they all fall somewhere in the 1k to 5k viewer range and the exceptions prove the rule, with Nozomi and Ruri being above that. Since 2022 Salome has been the only breakout star and she was neither imitated nor capitalized on.

Again purely from a business perspective (so ignoring the drama parts), whatever VTA might contribute in talent preparation and risk reduction, it has taken away more in eliminating the surprise factor. You can see this with falling debut numbers on the JP side. Fewer people want to tune in to a debut when 80% of a new talent's ability and creativity is already known. A major part of what propelled Salome to such first month heights was the hype/mystery around her solo company anniversary debut, and it's crazy that Anycolor can't recognize the reasons for their own success stories. I personally feel VTA is the kind of idea that sounds great when someone in company operations proposes it, but that any competent person in marketing or IP development should have instantly shot down.

But that's the problem, really. From my perspective, even despite the projects it launches like music units, Nijisanji isn't able to progress past the "just a bunch of streamers" image that it's had since 2018 and 2019. In 2020+ that's run-of-the-mill when everyone in vtubing is just a bunch of streamers. Like, what's next? Where are the next group of fans coming from? Who are they bringing in to the hobby? To constantly grow the business, these questions need mid-term and long-term answers.

The failure to develop viable overseas businesses is wrapped up in this too. We see things from an EN perspective here, but the collapse of both NijiID and NijiKR are arguably bigger problems, since clearly both markets are viable as the relative success of HoloID and home-grown KR agencies have proven.

They aren't going to implode anytime soon. Even if they stagnate as a business starting in 6 months and going forward from there, they're profitable doing nothing new, and the public float is small proportionately. So it really doesn't matter how shareholders see things nor what their market price is. But a growth business needs a vision, and I'm lost as to what Anycolor's is.

Im curious as your taking this it from a business perspective but if your were in nijisanji shoes right now and know what their vision is. What would you think they should do to ether get them out of stagnation, or even decline if that is to happen fro all this in 6 months.

 

[MerelyTourist]

But a growth business needs a vision, and I'm lost as to what Anycolor's is.

There is none. They have no vision whatsoever, only profit targets to meet. If they had two brain cells they'd stop debuting new waves for one year at bare minimum and start making a lot of music and other projects. Like at least one song from each interested talent every 2 months, plus other projects like tournaments and whatnot. They have a lot of people, i bet there are many musicians and they can make 3d concert with talents actually playing live.
Oh, and start making actual merch.

 

[Xuhle]

There is none. They have no vision whatsoever, only profit targets to meet. If they had two brain cells they'd stop debuting new waves for one year at bare minimum and start making a lot of music and other projects. Like at least one song from each interested talent every 2 months, plus other projects like tournaments and whatnot. They have a lot of people, i bet there are many musicians and they can make 3d concert with talents actually playing live.
Oh, and start making actual merch.

Here's the thing just strictly making profit can be a vision as well. So cutting as much expenses as possible and nickle and dime your employee to just barely minimum wage is going towards that profit, granted it strictly short term profits.

 

[Laidho]

Yeah its probably some rejection things when the venue space is all ran out.

I got the sense that this is FalseEyeD stirring up a gay op. The image he posted on that post was 2 different images spliced together, to imply that Anycolor has a hand in this.

I'm just going to roll my eyes at this nothingburger and forget about it.

 

[I Wanna Die]

Purely from a business perspective, I think the biggest problem Nijisanji is facing is a failure to develop the brand or expand the market. You can see this in their recent JP waves... they all fall somewhere in the 1k to 5k viewer range and the exceptions prove the rule, with Nozomi and Ruri being above that. Since 2022 Salome has been the only breakout star and she was neither imitated nor capitalized on.

Again purely from a business perspective (so ignoring the drama parts), whatever VTA might contribute in talent preparation and risk reduction, it has taken away more in eliminating the surprise factor. You can see this with falling debut numbers on the JP side. Fewer people want to tune in to a debut when 80% of a new talent's ability and creativity is already known. A major part of what propelled Salome to such first month heights was the hype/mystery around her solo company anniversary debut, and it's crazy that Anycolor can't recognize the reasons for their own success stories. I personally feel VTA is the kind of idea that sounds great when someone in company operations proposes it, but that any competent person in marketing or IP development should have instantly shot down.

But that's the problem, really. From my perspective, even despite the projects it launches like music units, Nijisanji isn't able to progress past the "just a bunch of streamers" image that it's had since 2018 and 2019. In 2020+ that's run-of-the-mill when everyone in vtubing is just a bunch of streamers. Like, what's next? Where are the next group of fans coming from? Who are they bringing in to the hobby? To constantly grow the business, these questions need mid-term and long-term answers.

The failure to develop viable overseas businesses is wrapped up in this too. We see things from an EN perspective here, but the collapse of both NijiID and NijiKR are arguably bigger problems, since clearly both markets are viable as the relative success of HoloID and home-grown KR agencies have proven.

They aren't going to implode anytime soon. Even if they stagnate as a business starting in 6 months and going forward from there, they're profitable doing nothing new, and the public float is small proportionately. So it really doesn't matter how shareholders see things nor what their market price is. But a growth business needs a vision, and I'm lost as to what Anycolor's is.

Salome was capitalized on... to shill for other companies. They basically treated her like an ad instead of a talent.