On May 10, 2023, JYP Entertainment announced that NiziU would release their second studio album, Coconut, on July 19.

[2] The lead single, "Coconut", was pre-released digitally on June 29 with an accompanying music video.

[4] The album's second track, "Look at Me", was selected as the theme song for Nippon TV's drama series Kocchi Muite yo Mukai-kun.

[8] Coconut debuted at number 1 on the weekly Oricon Albums Chart with 142,000 copies sold.

[10] Coconut also topped the Billboard Japan Hot Albums chart, selling 179,847 copies and 623 downloads.