>>92482693New Year, New Anon here. I *definitely* did not forget the Year In Review I'd do the day after the only market day this week, as you can see in picrel that I *definitely* didn't alter*.
Jokes aside, let's take a look back at the 2024 for both companies!
ANYCOLOR YEAR IN REVIEW
Despite Anycolor starting off decently strong on their early in the year at 3260 yen (January 4th) they closed out the year 2816 yen (December 30th), totaling in a 444 yen loss YTD. In a very funny twist of fate their peak for this year would come on February 5th at 3820 yen, mere hours before they terminated Selen Tatsuki. Afterwards the stock would be brought down to the low 3000s before the infamous crash brought from the Q3 report in March. The rest of year for the most part saw them fluctuate between the low to mid 2000s, being partly propped up from both a buyback and dividend announcement. However December stands out, as Anycolor climbs up the high 2000s amidst a historic quarter for revenue.
Overall, this year can just mostly be highlighted by the two subsequent crashes early in the year and the December surge. Everything else was for the most part like their EN branch, stagnant. But if the end of year was anything to go by, all hope is not loss.
As for the future, I think the first half will be positive. Both December events (MusicFes/NY Countdown) and NijiFes 2025 will be featured on the Q3 and Q4 report, and they are typically the flagship events for revenue of all kinds assuming JP holds strong of course. The later half, we'll have to wait and see for what Anycolor has in store.
As for EN since we're on the topic of the future, I'd say it's uncertain. Currently NijiEN is in the biggest gap between new waves, as well as facing a potential scandal with one of their talents if they acknowledge it. I'd say if "nothing ever happens" by the end of the Fiscal year on April 30th they'll stick around.
COVER YEAR IN REVIEW
Cover's year also ends disappointingly, going from 2825 yen at the start of January to 2628 yen at the end, clocking in a 197 yen loss for the year. Overall the year was relatively more stable, with Cover's descent following Anycolor's March crash being over the month of April and fluctuating from the mid 1000s to low 2000s before surging back up to their January/February numbers in November/December (even having their YTD be briefly positive.)
Overall while this was a bad year all things considered, Cover managed to get out a situation that could've been way worse. And if the recent quarter report is anything to go by, this year could just be a growing pain in their journey. Provided we don't see any more discourse of course.
CONCLUSION
It's apparent that 2024 was a rather rough year for every corpo under the sun relevant to the west, And these two (especially Anycolor) were no exception. However, with NijiJP's continuing to grow in revenue and Cover continuing to conquer overseas it's gonna be interesting where the two companies go from here.
But that's all for now, Apologies for the unintended delay and have a Happy New Year.
