# Himegashima Island

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

- Steam appid: 2991400
- Developer: Fushidaratei
- Publisher: Kagura Games
- Released: 2024 · Genre: Adventure · List price: $14.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $307 to $460 per month (mid $383)
- Opportunity score: $729/month at x1.90 dormancy multiplier
- Est. lifetime owners: 11.4k · Est. lifetime net revenue: $49.9k
- Review sentiment: 80% positive across 390 reviews (356 from Steam purchases)
- Review velocity: 3.5 reviews/month (6-month average)

## Why it's flagged

- No developer announcement on record, ever
- Studio quiet across its whole catalog
- Last build shipped 25 months ago
- Store page localized in only 3 language(s)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $696 |
| After VAT / sales tax (-13% blended) | $606 |
| After refunds (-9.5% median) | $548 |
| Net to developer (after Steam 30%) | $383 |

## Monthly review counts, oldest to newest (22 months)

236, 28, 19, 20, 6, 7, 1, 5, 8, 8, 3, 5, 6, 1, 1, 6, 3, 6, 3, 4, 4, 1

## Estimated acquisition range

$9.2k to $18.4k (2-4x the trailing net annuity of $4.6k/year). Same error range applies.

## Markets by review language

- schinese: 77%
- brazilian: 0% (game NOT localized in this language)
- french: 0% (game NOT localized in this language)
- german: 1% (game NOT localized in this language)
- english: 16%
- koreana: 2% (game NOT localized in this language)
- russian: 2% (game NOT localized in this language)
- japanese: 2%

## 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/2991400
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.