>>76056738It won't go bankrupt or anything of the sort. Their global expansion is flopping, but they are still strong in Japan, and they hold a foothold on the Male Vtuber niche and the female audience, an area in which they basically have no competition. The stock is down now, but it doesn't mean that it will be down in 1 year too. Riku's plan was basically to pump up the stock price as much as possible and then sell the company. He isn't in this industry and company long term, he is a pump and dump guy, that why he refuses to do any long term investments, and looks only at short term gain. But if the stock collapses further he will be forced to restructure the company and come up with a new strategy, and delay the sale. He will likely imitate what Cover is doing more and more, focusing on more music, concerts, live events, conventions, and multimedia stuff like manga, anime, games. Mostly focused on Japan. The future of EN won't be decided after Q4, but after Q1, because they know that Q4 is gonna be bad anyway, so they will wait to see if it will rebound in the next quarter. I don't think they will necessary drop it. NijiEN is not ID or KR, even now, NijiEN makes money. There is a decline from 2022, but they make money yet. What I think will happen, is that they may look into letting the more 'problematic' talents who lost the faith of the audience go, and try to recover and rebuild with new debuts.
