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red4summer

[2011.12.21] K-pop market in Japan doubles + KARA net profit exceeds $17 million USD

31 posts in this topic

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The ladies of KARA are dominating in Japan.

Girl group KARA released their Japanese single ‘Winter Magic‘ last October, and it quickly sold 100,000 copies on the first day it went on sale. It was the third single the girls released in Japan. If you include their first Japanese full-length album, all four albums the girls released this year have broke the ‘Top 10′ on the Oricon chart. On top of albums, the girls have also released a DVD which is a collection of pictorials that were shot overseas.

The girls who made their official Japanese debut last year have taken Japan by storm with their ‘hip dance’ and charmed their Japanese fans with their vocal talent and their cute, approachable image. And this year, fans felt closer to the girls as they made more television appearances, allowing fans to get to know them better. Jang Jinhee from KARA’s agency DSP Media stated, “KARA has refrained from holding a concert in Japan this year and have focused on making television appearances, which directly impacted the number of albums they sold.”

According to the Oricon, KARA garnered a cumulative sales total (from albums & DVDs) of roughly $63.6million USD, being the #1 K-pop artist in Japan to sell the most albums. Out of Japanese artists and foreign artists combined, KARA came in at #4 overall.

SNSD garnered a sales total of $52.2 million USD in Japan and came in at #5. SNSD’s DVD and Blu-ray discs ranked #1 on the Oricon under the music category, and their ‘Japan First Tour Girls’ Generation‘ was just released on the 14th, selling 69,000 copies in the first week as well as seizing the #1 slot on the DVD Weekly Chart under the music category. The Blu-ray disc that was released the same day also sold an impressive 37,000 copies in the first week and seized #2 on the Blu-ray Disc Weekly list overall, and came in at #1 under the music category.

It is rare for Korean artists to come in at 4th and 5th place on a list of most-sold CD’s and DVDs in Japan. Boy group 2PM and SHINee also ranked at #2 and #3 on the list of highest sales totals among rookie artist with rough sales figures of $12.7 million USD and $11.2 million USD, respectively.

The artist to sell the most albums overall was famous Japanese girl group AKB48 with a sales figure of over $208 million USD, followed by boy group Arashi who sold $196 million USD, and EXILE with $71.7 million USD.

With the increase in sales overall, the K-pop market in Japan is also increasingly expanding. KARA & SNSD ranked at #1 and #2 for best rookie artist on the Oricon by generating revenue of $16.6 million USD and $11.2 million last year, and in a year their revenue have increased by 400-500%.

The Japanese music market is the second-largest in the world, and in total is 10-20 times larger than the music market in Korea.

The overseas profits of the ‘Big 3′ agencies SM, YG, and JYP have increased by an impressive 20% over the last three years.

YG Entertainment has recently become a listed company and although their overseas profits only carried a weight of 4% of their total profits, this year it has spiked to 45%.

Promoting overseas with Japan as the main market has helped music entertainment agencies experience much growth.

CEO Hong of Cube Entertainment stated, “This year, the Japanese have expanded their consumption of all things K-pop. Not just albums, but performances, character merchandise, and more. The K-pop market in Japan has at least doubled in size compared to last year.”

According to the Korea Creative Content Agency, by the 3rd quarter of 2011, the amount of music-related exports into Japan increased by 183% ($117 million USD) compared to last year.

So how much net profit is KARA raking in from Japan? According to the music industry, 8% to 20% of their album and DVD sales are brought in as royalties and so their royalty profits alone from strictly album and DVD sales are close to $8.6 million USD. But famous artists make more money off of other things such as merchandising and performances and with everything combined, the professionals calculate KARA to bring in a net profit of around $17.3 million USD in total.

Source & Image: HK via Nate

Translated: Allkpop

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I'm proud of our girls. But this was to be expected with all the efforts they put in this year. Let's hope they dominate even more next year!

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that's a lot of dough

so happy for them

and i think 2011 is the most eventfull for KARA and kamilia

from the huge problem in the early year

to huge huge enormous success at the end of the year

freaking amazing

:)

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So much $$. :thumbup1: and schedules are fully packed till April, Daebak! Hope that they will earn more next year, but rest well too. KARA hwaiting!

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The ladies of KARA are dominating in Japan.

i love hearing these words :eyelove:

wow so much i hope they earn a lot next year and paid them well for their hard work

kara& kamilia fighting :thumbup:

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Yey ! Another recognition for KARA :thumbup:

I'm srsly not used to this,

I'm so proud of them T^T /sobs :crying:

These girls deserve this !

Chukahae KARA bbs ~

You may not be #1

But to all Kamilias' hearts,

You guys are ♥ :eyelove:

Saranghaeyo Kamilias :wub:

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I'm not really surprise I know that KARA is really dominating Japan right now

I'm just really happy that a lot are giving them recognition

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Yay finally they get more $.But it's sad that they have to divide their shares by 5.Congratulations unnies.You did a slendid job taking over Japan with your songs and cuteness.

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They are getting REALLY rich...

They really deserve this...They work so hard..the deserve all the success they are getting now~~~

:accomplished:

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this is such a great news. im so thrilled while reading this article. maybe because of the fact that KARA's efforts and hardwork have been paid off and knowing that their popularity in japan is definitely unquestionable. im so proud of all of them. KARA is undoubtedly one of the bests in the industry. KARA daebak!!! :thumbup:

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WOW that's a lot of $$$$. Do you see UMJ accountants? You really ought to be careful about not resigning KARA to a new contract. All that money, but it doesn't mean anything if the girls didn't get their fair share of the money they generated.

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Woah... thats a lot of money they're making. I wonder how much of it actually goes to them. Anyways I'm proud of them and wish them all the best next year

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... All that money, but it doesn't mean anything if the girls didn't get their fair share of the money they generated.

i agree with you, since we know that everyone need bucks in their pocket...

i hope the agency could be more caring with their artist (it doesn't mean that the agency do not care with them, but they deserve more ^_^ ).

anyway, congratz for the achievement, girls! :thumbup:

Edited by nameless07

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These are awesome news! I mean, I knew that KARA was huge on Japan but this is so, so amazing!!

Great job KARA and of course great job Kamilia! Let's start the next year with a lot of enthusiasm shall we? :D

STEP IT UP KARA'S 5 SUOER GIRLS! & KAMILIA! FIGHTING!

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WOWOWOWOW... DAEBAK!! It was amazing.. You are doing well there, girls..

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So proud of KARA...their popularity has increased so much since their debut in Japan

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'Winter Magic' is a great song indeed :gemflower: It had charmed me to become one of Kamilias :gemheart:

Kara daebak :gemcheer: saranghae :geminluv:

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Nice to see the Hallyu wave conquering Japan, with KARA leading the way!!

17 million, and our girls deserve every single penny :D

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So proud of the girls! they are so successful in Japan, It's so good. I'm glad they're receiving a lot of love from J-fans ^^ and wow, that is a lot of profit..

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that is amazing~! this is what our girls are capable of :thumbup: totally

proud kamilia !hopefully this year will be a dominating year for our

girls :> congratulations girls! this is what you deserved ^^ thanks for

sharing the news :thumbup:

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It's great that KARA is getting such a warm reception from Japan.They are so hard working and it's awesome to see them successful!

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That's great that they are doing so well. I hope they are getting pay raises for all the extra work they are doing

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Beautiful, loved, famous, respect on their work, rich... God, idealistic girls exist!!!

The Hallyu is really conquering Japan little by little, the numbers and the situation explains this reality. Congratulations to KARA!!!! DAEBAK

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