# Gensokyo Night Festival

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 1122050
- Developer: WSS playground
- Released: 2019 · Genre: Action · List price: $12.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $800 to $1.2k per month (mid $1.0k)
- Opportunity score: $2.1k/month at x2.10 dormancy multiplier
- Est. lifetime owners: 179.6k · Est. lifetime net revenue: $501.4k
- Review sentiment: 70% positive across 4769 reviews (4489 from Steam purchases)
- Review velocity: 14.3 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 2.9 years
- Studio active elsewhere (5 titles tracked), so this one may welcome a partner
- Last build shipped 6.0 years ago
- Store page localized in only 3 language(s)

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.8k |
| After VAT / sales tax (-13% blended) | $1.6k |
| After refunds (-9.5% median) | $1.4k |
| Net to developer (after Steam 30%) | $1.0k |

## Monthly review counts, oldest to newest (24 months)

29, 27, 13, 23, 15, 19, 37, 22, 13, 21, 29, 24, 29, 13, 17, 13, 13, 8, 24, 18, 12, 13, 11, 8

## Estimated acquisition range

$24.0k to $48.0k (2-4x the trailing net annuity of $12.0k/year). Same error range applies.

## Analyst notes (AI-assisted)

A 2019 action game set in Touhou's Gensokyo universe, now dormant after 71 months without developer updates.

Gensokyo Night Festival retains modest residual revenue of $1,000/mo despite complete inactivity, driven by a persistent niche fanbase. The title's licensing status is the critical blocker: if WSS Playground controls only distribution rights to ZUN's Touhou IP, acquisition is impossible; if they hold broader publishing control, a minimal content patch addressing the control scheme and crash bugs cited by players could revive engagement. For a Touhou-focused publisher or the IP holder seeking catalog consolidation, this represents low-risk upside with clear player feedback.

- Most realistic play: licensing
- Licensed IP: the game is built on third-party intellectual property
- Risk (licensed_ip): Game is built on Touhou Project IP owned by ZUN (Team Shanghai Alice); rights holder must approve any updates, revival campaign, or sale.
- Risk (tech): Player reviews cite widespread crashes and keyboard control issues that have gone unaddressed for 34+ months; technical debt may require substantial engineering investment.
- Risk (market): Studio status is 'fading' with only two titles and no developer communication in nearly three years; institutional knowledge and IP expertise may be lost.

What players are asking for:
- Fix keyboard controls and input responsiveness
- Patch game-breaking crashes on modern systems
- Clarify development status or roadmap
- Visual polish and bug clarity improvements

Suggested first moves:
1. Confirm licensing terms with ZUN/Team Shanghai Alice and WSS Playground; verify scope of derivative distribution and update rights.
2. Engage the community directly with a transparent status update and a 30-day roadmap for crash fixes and control rebinding, even if WSS cannot execute; rebuild trust before pursuing revival.
3. Assess technical debt: isolate the crash vector and control mapping code; a two-week QA sprint and hotfix could unlock renewed momentum and justify acquisition or partnership to ZUN.

Generated 2026-08-20 from public signals and player reviews. Directional, not diligence.

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/1122050
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.