Cover Corporation has invested in NERD Inc. and concluded a joint business agreement, initiating the establishment of VTuber Suisei Hoshimachi’s personal office “Studio STELLAR” and supporting her solo artist 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Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5253-20260323-01.pdf","jir_short_summary":"Cover Corporation has invested in NERD Inc. and concluded a joint business agreement, initiating the establishment of VTuber Suisei Hoshimachi's personal office \"Studio STELLAR\" and supporting her solo artist activities.","jir_summary":"### Overview of Investment and Joint Business Agreement\nCover Corporation has invested in and concluded a joint business agreement with NERD Inc., which operates the personal office \"Studio STELLAR\" for VTuber Suisei Hoshimachi. Through this, while shifting the focus of Suisei Hoshimachi's individual activities such as solo artist streaming and music activities, she will continue collaborations and group activities as a VTuber belonging to Hololive Production. NERD Inc. will handle talent management, and Cover Corporation will support activities through coordination with relevant parties. The investment amount and ratio are undisclosed.\n\n### Future Outlook and Impact\nThe impact on the fiscal year ending March 2026 is expected to be minor, and the impact on the fiscal year ending March 2027 is recognized as absorbable within the revenue base and portfolio. The impact will be examined in detail and appropriately reflected in earnings guidance. After establishing the personal office, Suisei Hoshimachi will continue collaboration activities as a member of Hololive Production, with solo activities supported by NERD Inc. Cover Corporation will continue to fully support her activities and aims to contribute to the development of VTuber culture.","jir_financial_highlights":"Investment Amount: Undisclosed (Unknown)\nImpact on Current Fiscal Year (FY March 2026) Performance: Minor (Unknown)\nImpact on Next Fiscal Year (FY March 2027) Performance: Absorbable within revenue base (Unknown)","jir_category":"","jir_hashtags":"#CoverCorporation, #M&A, #VTuber, #StudioSTELLAR, #SuiseiHoshimachi","jir_key_figures":"Investment Amount \/ Ratio: Undisclosed\nFY March 2026 Performance Impact: Minor\nFY March 2027 Performance Impact: Absorbable within revenue base","jir_meta_title":"Cover Corporation Invests in NERD Inc. and Supports Establishment of Suisei Hoshimachi\u2019s Personal Office","jir_meta_description":"Cover Corporation has invested in NERD Inc. and concluded a joint business agreement to establish VTuber Suisei Hoshimachi\u2019s personal office \"Studio STELLAR\" and build a support system for her solo artist activities. The impact on current fiscal year performance is expected to be minor.","jir_og_title":"Cover Corporation Supports Establishment of Suisei Hoshimachi\u2019s Personal Office","jir_og_description":"Cover Corporation has invested in NERD Inc. and concluded a joint business agreement to start supporting VTuber Suisei Hoshimachi\u2019s solo activities.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9636,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-35644","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n