Business
COVER Corporation: Revenue up 27.2% but profit down on higher costs; strong growth in concerts and merchandising
COVER Corporation: Revenue up 27.2% but profit down on higher costs; strong growth in concerts and merchandising
About this update from Cover Corporation
Revenue grew 27.2% year-over-year to ¥21,754 million, but operating profit fell 20.9% due to higher investments and inventory losses. Strong segment growth was seen in concerts, merchandising, and licensing, with a positive outlook for full-year revenue and profit.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.