>>70244918according to the doc:
>Hololive’s end of year report stated approximately 6 billion Yen for operational costs. On the flip side, Anycolor spent 4 billion Yen for operational costs in the same fiscal year, while their selling/general/administrative expenses were 2.2 billion yen (pg 10 of Anycolor’s financial report. According to Hololive’s own graphs/data [Pg 8 of the Financial Report for the 2023 Fiscal Year], approximately a third of that 6 billion yen operating expense was used for personnel expenses (salaries of staff and management). This places the approximate spending at 2 billion yen, about $15 million in 2023
Subtracting all of Niji’s selling and general expenses from that 2.2 billion yen total comes out to 300 million yen for administrative expenses [1.42 billion for accounts payable-trade, 390 million for accrued expenses, 111 million for contract liabilities] (Pg 9 of the Anycolor report]. For a grand total of $2.5 million USD spent on management and staff.
$2.5 million divided between 180 talents for management… is a pitiful $14,000 USD per year per talent.
Yet Cover still spent $15 million on their 87 talents, meaning $172,000 per talent.
(This was done with the conversion rate of the yen/usd in April of 2023)
Assuming that $14K 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 4 to 1. And that is if the managers are even making average and all of said spending is on managers and nothing else. Considering that many job postings in Nijisanji is offering minimum wage, it may be closer to $20K USD (which is a step above minimum wage). At that point, this turns into a better 2 to 1 ratio. However, that would also beg the question… why are they paying bare minimum to manage entertainers, considering they are an entertainment company.
And keep in mind, this is IF all the administrative expenses are spent on just management. Administrative expenses also has LAYWER FEES, insurance, equipment, rent, AND supplies/utilities. Cover’s data specifically mentions that their spending is on personnel expenses for the number mentioned above ($15 million).
In that case (if we take out about half of the administrative expenses and claim that the remaining is for management)... That leaves us with a whopping $7,000 USD per year per talent. So about 7 to 1 ratio between talent and management if managers are paid average salaries. On top of this, only about ⅔ of the employees at Anycolor fall under “talent management.” So the difference may be even bigger than stated. (
https://ssl4.eir-parts.net/doc/5032/ir_material_for_fiscal_ym3/146950/00.pdf)
A 20 times difference between Hololive and Nijisanji when it comes to spending on management…
Anycolor’s balance sheet does not separate the expenses between JP and EN. It may be possible (especially looking at Niji’s recent job postings in Canada), the actual expenses for management in NijiEN is worse than its JP counterpart.
so yeah, riku is actually hoarding money like a fucking dragon and not spending, which makes sense since his entire company has been through one fuck up to the next.
