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Landscape Photography Instagram Account (59K Followers) Sells for ¥150,000

From Rakko M&A's published closed deals (batch 2). A landscape photography Instagram account with 59,000 followers sold for ¥150,000, 10 days after listing. We record the realities of the individual-scale M&A market from the listing data.

This is a translation of the Japanese original. The Japanese version and cited primary sources are authoritative for all figures.

The Deal in Numbers (from Rakko M&A’s Closed Deals List, Batch 2)

ItemFigure
Sale price¥150,000
Monthly revenue at listingUndisclosed
Time from listing to close10 days
MarketplaceRakko M&A (no seller fees)

How to Read This Case

This deal appears in the closed-deals list that Rakko M&A publishes on its official website; there is no detailed backstory such as an operator interview. We record it as a data point on actual market conditions that can be read from the listing information.

59,000 followers for ¥150,000 works out to roughly ¥2.5 per follower. Compared with the cost of acquiring followers through advertising (tens to hundreds of yen each), that is an order of magnitude cheaper — evidence that account purchases function as a “wholesale market for followers.”

Comparison with 20 Deals Closed in the Same Period

GenreSale priceMonthly revenueMultiple
History commentary YouTube (¥700/mo revenue)¥160,000¥700228.6 months
Long-form sports YouTube channel¥880,000¥7,351119.7 months
Game commentary & trivia Shorts (26K subscribers)¥250,000¥5,39146.4 months
Cooking YouTube channel (1.1M subscribers)¥3,500,000¥115,00030.3 months
Smartphone & gadget news site¥160,000¥7,77920.6 months
Beauty & credit card blog (outsourced operation)¥560,000¥35,00016.0 months
Hotel information blog (Rakuten Travel)¥950,000¥88,00010.7 months
Apparel e-commerce business (fully outsourced)¥2,160,000¥342,0006.3 months
Translated Shorts featuring overseas influencers¥320,000¥53,0006.0 months
Idol-focused blog (AI prompts included)¥210,000¥36,0005.8 months
Pro wrestling commentary channel¥200,000¥58,0003.5 months
Rental server & domain info site¥80,000¥23,0003.4 months
Marriage agency SEO media + Ameblo¥220,000¥69,0003.2 months
Amazon seller account (10 years of operation)¥1,380,000Undisclosed
Fortune-luck AI video YouTube + TikTok set¥88,000Undisclosed
Landscape photography Instagram (59K followers)¥150,000Undisclosed
Amazon beauty-category seller¥750,000Undisclosed
Vtuber clip channel (officially approved)¥320,000Undisclosed
Streamer-approved entertainment clip channel¥120,000Undisclosed
Shibuya cafe guide Instagram¥300,000Undisclosed

Taken together with the 15 deals from batch 1 (such as the psychology YouTube channel that sold for ¥4.8 million), the market’s pricing logic keeps getting clearer: websites trade at roughly 20 months of revenue, YouTube channels scatter widely from 3 to 120 months, and SNS accounts go for just a few yen per follower. The spread in multiples maps directly onto how confident buyers are that the revenue will persist.

Sources

This article summarizes and analyzes the public sources above. Please refer to the primary sources for details.