Cover CorporationTSE: 5253

COVER Corporation: Revenue up 27.2% but profit down on higher costs; strong growth in concerts and merchandising

· Issued by 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.

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