COVER announced its results after the close of trading on 12 August. Ordinary profit for the April-June quarter was ¥590 million, down 35.8% year on year, representing progress of 31.0% against the first-half plan.
COVER announced its results for the April-June 2026 quarter (1Q). Sales were not 84,? million?, but the table showed sales of ¥8,825 million, operating profit of ¥651 million, ordinary profit of ¥598 million and net income of ¥415 million for April-June. Ordinary profit was down 35.8% from the same period a year earlier. Gross profit margin also declined from the previous period.
The operating profit margin on sales declined to 7.4% in 1Q, and profit levels for the latest three months fell from the year-earlier period. Progress against the first-half plan was 31.0%, below the four-year average progress rate.