COVER Corporation to Opens First Overseas Office “COVER USA” in North America

COVER Corporation to Opens First Overseas Office “COVER USA” in North America

COVER Corporation (VTuber Agency hololive Production, etc) Announced on March 12, 2024 (PST) that it will Open its First Overseas Office “COVER USA” in North America (California, U.S.).

COVER Corporation to Opens First Overseas Office “COVER USA” in North America
COVER Corporation
Image Credit: Press Release
© 2016 COVER Corp.

The company announced the opening of “COVER USA” in North America as the first step to accelerate global business and content development in order to sublimate VTuber culture as a new content industry from Japan that can compete globally following manga, anime, and games. The company announced that it will develop various measures to expand the local community and create business opportunities. At the same time, the company will continue to take on the challenge of global business and content development, aiming to create a new field where creators of various genres around the world can work together to create virtual entertainment loved beyond borders and generations through the content IP of VTuber. The company will continue to take on the challenge of global business and content development.

In addition, COVER plans to expand into other cultural areas after 2025.

COVER’s hololive Production has been expanding globally and gaining popularity in Japan, English-speaking countries, and Southeast Asia, especially in Indonesia, but with the opening of COVER USA, we expect to see further global expansion.

COVER Corporation’s CEO Tanigo Motoaki (YAGOO) Comments

We are taking on the challenge of spreading the Japanese culture of “VTuber” throughout the world. Last year, we appeared at more than 20 anime conventions and held a large-scale live concert in LA. We have decided to open a North American office in order to further spread the VTuber culture in North America. At the North American base, we would like to promote localized PR and expand our business. We look forward to working with local companies on various business projects in the future.

Overview of COVER USA

Company NameCOVER USA, Inc.
LocationCalifornia, U.S.
RepresentativeTanigo Motoaki
BusinessOperations related to VTuber business in the U.S.
Capital StockUS$ 991,150.44
Date of EstablishmentApril 2023
Date of Commencement of BusinessJuly 2024 or later (scheduled)
Capital Ratio100% of our company

The company has stated that this matter will have No Significant Matter (Not Negligible!) on its business performance for the fiscal year ending March 31, 2024, and that it will not revise its business forecast for the fiscal year ending March 31, 2024, which was announced on February 8.

Among Japanese VTuber-related companies, Brave group Inc. has established local subsidiaries in the U.S., the U.K., Thailand, and China.

カバー株式会社、初の海外拠点「COVER USA」を発表

PR TIMES

COVER Corporation Announces Its First Overseas Branch, COVER USA

COVER Corporation

(P2y.EN)

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