>>93221117>Japan is in a recessionKek this cope was only valid on Monday when the JP stocks collapsed in the new year for a bit, the last 2 days have been booming for everyone and Cover actually showed signs of rebound, while Anycolor continued to fall even when the Nikkei is doing good
>The hit to Anycolor is so much larger because there is a bigger variety of streamers/idols and the merch isn't moving as fast with slower marketsAnycolor got hit because of multiple yabs during the first 6 months of 2024 and they only rose a bit near the end thanks to the dividend announcement. After they pay investors the money next week, Anycolor literally has no material to prove that they can earn more money and Cover Q3 will be used as comparison a lot in the future, which will only lower the confidence on Anycolor even more now that the Western attempt fell apart