https://docs.google.com/document/d/1VtIfkDY-0l6xtr7Usp-vPPM_GM3KqGdZbCANhixnvoA/edit?usp=sharingAssuming that $2K per year per talent for Niji is true, and assuming that the talent managers get paid about average salary in Japan ($41K USD), we’re looking at a talent to manager ratio of 23 to 1. And that is if the managers are even making average and all of said spending is on managers and nothing else.
(Anycolor’s PP&E [Property, Plant, and Equipment] cost as of April 30th, 2023 was at $1.45 million USD. Their CapEx [Captital Expenditure] is $475k.
Cover’s PP&E as of March 31st of 2023 was at $13.2 million while their Capex was at $10.1 million. Cover also has a lot of spending into stuff like Holoearth and other software intangibles.
Yet Cover still spent $10.1 million on their 87 talents, meaning $116,000 per talent.
Anycolor spent $475,000 on their 180 talents, meaning $2,600 per talent
This was done with using the conversion rate of the yen/usd in April of 2023)
(As a result of the above, the operating results for the current fiscal year were net sales of 25,341,711 thousand yen (up 78.9% from the year-earlier period), operating profit of 9,410,018 thousand yen (up 124.5% from the yearearlier period), ordinary profit of 9,448,489 thousand yen (up 127.7% from the year-earlier period) and net profit of 6,698,710 thousand yen (up 139.8% from the year-earlier period)
Net sales are up 80% for Anycolor... yet operating profit are up 125%. There’s a severe imbalance of actually reinvesting into the company and spending money for their own talents, just by the numbers alone. Profits grew from 14 billion yen to 25 billion yen, but operating costs only went up from 10 billion yen to 16 billion yen (this is despite a sharp increase of JP and EN livers in the same period).
Tldr: Anycolor isn't spending (or doing the minimal amount). While their profits grew by larger margins than Cover in 2023, Cover basically increased their operating cost the same amount as Anycolor.
