ANYCOLOR Lists on Tokyo Stock Exchange, Expands Virtual Talent Operations
Japan's virtual YouTuber (VTuber) management company ANYCOLOR was listed on the Tokyo Stock Exchange on June 8, 2022. The company's market capitalization exceeded 165.2 billion yen shortly after its debut.
ANYCOLOR, a Japanese company managing virtual YouTubers (VTubers), commenced trading on the Tokyo Stock Exchange on June 8, 2022. The company's share price saw a significant increase post-listing, more than tripling its initial offering price, and its market capitalization surpassed 165.2 billion yen (approximately 1.239 billion US dollars).
Established in May 2017, ANYCOLOR launched its primary VTuber project, "NIJISANJI," in January 2018, becoming one of Japan's earliest major VTuber agencies. As of June 2022, the company manages approximately 200 VTubers who collectively have over 35.72 million fans, positioning ANYCOLOR as Japan's leading VTuber operator.
Financial reports indicate strong growth for the company. In 2021, ANYCOLOR reported revenues of 7.63 billion yen and an operating income of 1.45 billion yen. This represents a substantial increase from 2020, when revenues were 3.5 billion yen and operating income was 42.3 million yen. Projections for 2022 anticipate revenues reaching 13.2 billion yen with an operating income of 3.7 billion yen.
Legend Capital, a venture capital firm that led ANYCOLOR's Series B financing round in April 2020 with ITOCHU Corporation, noted the global scalability of the VTuber model. Joon Sung Park, Managing Director at Legend Capital, highlighted that VTubers are not constrained by physical limitations, making the model adaptable internationally. ANYCOLOR has already expanded its operations to China, South Korea, and Indonesia, and has established English-language branches targeting a global audience.