Does Anycolor even care to spend a little money on management?
by TimelyPhoton
Does Anycolor even care to spend a little money on management?
by TimelyPhoton
14 Comments
I would assume management cost counts as selling, general and administrative expenses. God, even these hard numbers seem to tell me Anycolor maximises profit by avoiding spending money on management. Just compare the numbers to Cover Corp. No wonder Anycolor is what it is now: Tazumi Riku does not like to hire people to manage the company.
They purposefully hire students, and IIRC those few job adverts we’ve seen actively exclude working adults from applying. If they are pushing costs down that way, then it stands to reason that they’d use every other method, too.
So I’m going to call your massive disingenuous post the anycolor posting is for a singular quarter compared to covers which was 3.
>
> Non-consolidated Financial Results
> for the Nine Months Ended December 31, 2023
>
> Financial Results for the Three Months Ended July 31, 2023
> [Japanese GAAP] (Non-consolidated)
It’s almost like your talents, which are your main PR and face of the company and source of money and how they feel about their management might directly affect how people perceive your company. Yagoo may be a good businessman but he also seems like a good guy who actually wants to help the talents get bigger. he deserves the title of best girl (besides A-chan). Yagoo is building his company out of bricks while riku builds it out of sand like a spoiled child ready to knock it down if it no longer serves him the way he sees fit. On a side note anyone got clips of Cover talents talking positively about their managers? I can think of four off-hand but I know there is more.
‘Fun’ fact: They’ve got about 4.6 times the cash required to build Cover Corps new mega studio liquid (Cash and deposits). They’re choosing not to emulate that. Heck, their *net* profit for the latter period pretty much perfectly works out to one mega-studio.
At the very least, the idea that 3D models or pretty much anything else is not in the budget is out the window. It’s always a choice.
it ok bro because we already spending lot more money to inflate stock shit than paid for actual “employee” so that should balance it off right?
doesnt change a fact its still high school minimum wage students
I always believe Hr and IT and managemeng should nvr be understaffed. Alot of shit happens when things go wrong in those department.
Well, if the leaked contract is legit then we know that anycolor has basically absolved themselves of any responsibility to their talents apart from taking a 50% cut of their donations. You really don’t need much management if that’s all your company does.
Iirc they dont reinvest even the a 10% in total
Each passing days give me the vibe that Riku just like cutting corners.
I think he’s maliciously incompetent. Know nothing about the inner working of his company but when the bottom line get threatened he “””””apologize””””” FAST.
money spent on managing and supporting the livers is money that isn’t spent going into the senior leaderships pockets. it’s hard to be a young billionaire you know
So I thought it was a bit weird, but I kinda saw where OP was going.
Selling, general and administration:
AnyColor 3 months: ¥620,003,000
Cover 9 months: ¥5,632,533,000
Converting Cover to 3 months: ¥1,877,511,000
Cover spends roughly 3x on selling, general and administration
If Cover spent the same as AnyColor their 3 months operating profit would be ¥2,421,300,000. ¥1,622,268,000 less than AnyColor.
This does ultimately mean that AnyColor should be able to do so much more for their talents than Cover. Cover invested in their talents and we all assumed Niji did the same. Niji’s image was proped up by Cover’s hard work.
Why pay money for management when the livers can manage stuff themselves? /s