# Night Shift Nurses

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

- Steam appid: 3239270
- Developer: Shiravune
- Released: 2024 · Genre: Adventure · List price: $19.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $1.2k to $1.9k per month (mid $1.6k)
- Opportunity score: $2.6k/month at x1.65 dormancy multiplier
- Est. lifetime owners: 18.5k · Est. lifetime net revenue: $108.3k
- Review sentiment: 84% positive across 651 reviews (579 from Steam purchases)
- Review velocity: 10.7 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 14 months
- Studio quiet across its whole catalog
- Last build shipped 21 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 | $2.8k |
| After VAT / sales tax (-13% blended) | $2.5k |
| After refunds (-9.5% median) | $2.2k |
| Net to developer (after Steam 30%) | $1.6k |

## Monthly review counts, oldest to newest (20 months)

295, 43, 19, 25, 16, 7, 9, 25, 13, 7, 4, 63, 14, 4, 14, 5, 11, 8, 18, 8

## Estimated acquisition range

$37.4k to $74.8k (2-4x the trailing net annuity of $18.7k/year). Same error range applies.

## Markets by review language

- english: 5%
- koreana: 1% (game NOT localized in this language)
- russian: 0% (game NOT localized in this language)
- japanese: 1% (game NOT localized in this language)
- schinese: 93%
- brazilian: 0% (game NOT localized in this language)

## Analyst notes (AI-assisted)

A visual novel adaptation of the cult anime franchise Night Shift Nurses, featuring branching storylines and character routes.

Night Shift Nurses occupies a rare niche: a licensed anime property with established international fandom, generating $1.56k/mo residual revenue on a $19.99 price point despite zero promotional activity in 12 months. The 84% positive rate and Shanghai-heavy review base (473 Simplified Chinese reviews) signal strong appeal in undermonetized Asian markets. However, the developer's single-title status and 14-month radio silence raise questions about long-term support; this is a licensing play first, acquisition second.

- Most realistic play: licensing
- Licensed IP: the game is built on third-party intellectual property
- Risk (licensed_ip): IP rights holder (likely the original anime studio/production committee) controls derivative works; buyout of game alone is not possible without franchise clearance.
- Risk (other): Developer Shiravune appears dormant: no public updates in 14 months and zero discount promotions in the past year despite a 2024 release.
- Risk (market): Niche adult/romance VN segment faces platform policy friction; Steam storefront visibility already constrained, limiting organic growth.

What players are asking for:
- Localization or release of other titles in the Night Shift Nurses franchise
- Sequel (Night Shift Nurses 2) announcement
- Additional character routes and endings

Suggested first moves:
1. Confirm IP rights holder and franchise licensing status; determine if Shiravune retains publishing control or if full renegotiation is required.
2. Audit Shiravune's contractual obligations and studio capacity; a single-title publisher with 14 months of silence may have surrendered support or faced internal restructuring.
3. Model expansion within the Night Shift Nurses IP: are other installments (sequels, spin-offs) available for localization, and does the rights holder have appetite for a multi-title Western push targeting the demonstrated Chinese/English player base?

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/3239270
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.