Thread by @KHolosimp

So Cover's 1st shareholder meeting happened today and there is a JP guy who made a thread talking about the meeting so I think y'all may find it interesting too

This thread is gonna focus on QnA between Cover and shareholders

OG thread from @/kazuki_murata, deepL translation🧵

Q1 Niki, wondering if the person with whom the cover is invoiced is a taxable vendor

(OG did not give any extra info from this)

Q2: Are you worried about the number of people who didn't participate in the lottery?
I'm wondering how many people missed the lottery?

A: There were 580 applicants! Is the ratio about 3 times?
Next year is undecided!

Q3: I would like to see information on the e-commerce site in the financial results materials! Anycolor is giving out the growth rate of members, etc., and it's hard for investors to understand the materials from Cover Inc.

There was applause from other participants

A: We will consider this. We will refer to this information in future disclosures.

Q4: I don't want to create a negative image.
I think you should try to revive the suspended IP

A: I will refer to it though dormant IP is difficult

(Apparently he was talking about Rushia)

Q5: High performer compensation and weak merchandise sales make it unprofitable, Take Anycolor as reference
A: I don't know the internal situation of our rivals, but I appreciate the efforts of the performers (cont.)

As for merchandise sales, we only do commemorative goods, but we will develop products that are easy for the general public to buy in the future

Q6: Can you stop the manager and director when the project is not good?
A: You can challenge us, and if we fail, we will turn to PDCA

Q7: The specs required for HoloEarth are high, so do you want to release a version for low specs?
How do we differentiate from Genshin?
A: We will support low specs and mobile devices! We will start with PCs first, and then work our way up. (cont.)

Metaverse utilizing UGC of vtuber's strength and NO!RPG

Q8: Take care of your oversea creators and performers
A: I will value them. ❤️ I will create an ecosystem that values creators so that we can compete in the world.

Q9: Expand into China and other language areas?
A: Plans to support a variety of languages rather than a specific area.

(imma be real...)

Q10: Are you selling to overseas shareholders?
A: Usually they can buy it, though it's not an easy situation.

Q11: We still have Twitter and Youtube. Why the need of HoloEarth ? If Holo-Earth fails, when will you pull out?
Are you going to do approach educational content for children? Why don't you let Subaru Ozora do it?

A: HoloEarth starts small
We will do this within a reasonable range, and as for 3D assets, we will utilize them in the stage of distribution, etc.

We plan to approach a wider range of age groups, families, etc.

Q12: I would like there to be counseling and assistance with health care for the performers. Since the performers are capital
A: We appreciate your comments. I will make sure that services are provided on an ongoing basis.

Q13: Contribution to the growth of Holo-Plus
Multilingualization of Holo-Earth

A: I think it contributes to fostering a community of fans.
There are non-linguistic communities, and we will include such functions.

Q14: Virtual shareholder meeting in-house?
A: I'll make various decisions and decide on the platform.

Q15: I would like to see the booth products moved to our own e-commerce site.
A: We will consider making it a standard item from time to time...

Q16: I'm sad that I don't have any souvenirs, Niki.
I would like to have a special live platform of my own, in the holo earth, etc....
A: No, because we have a lottery system.
We have a relationship with the company, but we will consider this in order to increase profitability.

@fakevincent23 Plus we literally joked about Cover making their own Genshin game for Hololive since they are banned from streaming the actual game lol