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COVER, Oct-Dec (3Q) Ordinary Profit Increases by 14%
5253 COVER Corporation 【J-GAAP】
Earnings ReportCOVER Corporation <5253> [TSE Growth] announced its financial results after the market closed on February 12th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 5.4% from the same period last year to 5.29 billion yen. Progress toward the full-year plan of 8.20 billion yen was 64.6%, which was higher than the three-year average of 61.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to grow 22.9% from the same period last year, reaching 2.90 billion yen.
In the most recent three-month period, from October to December (3Q), the ordinary profit grew 14.1% from the same period last year, reaching 2.62 billion yen. The operating profit margin rose from 18.5% in the same period last year to 19.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 19,225 | 3,491 | 3,476 | 2,625 | 43.0 | 61.8 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 28,863 | 5,544 | 5,600 | 3,777 | 60.9 | 70.3 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 34,681 | 5,225 | 5,297 | 3,927 | 59.8 | 64.6 | Feb 12, 2026 | J-GAAP |
| YoY | +20.2% | -5.8% | -5.4% | +4.0% | -1.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 26,297 | 4,629 | 4,661 | 3,439 | 54.9 | 0 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 30,746 | 5,534 | 5,526 | 3,701 | 56.4 | 0 | Nov 11, 2025 | J-GAAP |
| YoY | +16.9% | +19.6% | +18.6% | +7.6% | +2.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 30,166 | 5,536 | 5,623 | 4,137 | 67.7 | 0 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 43,401 | 8,001 | 7,962 | 5,559 | 88.7 | 0 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 52,500 | 8,200 | 8,200 | 5,700 | 86.8 | 0 | May 13, 2025 | J-GAAP |
| YoY | +21.0% | +2.5% | +3.0% | +2.5% | -2.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 11,759 | 2,172 | 2,299 | 1,657 | 26.7 | 18.5 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 14,538 | 2,457 | 2,362 | 1,782 | 28.4 | 16.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 9,629 | 972 | 932 | 693 | 10.6 | 10.1 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 12,125 | 1,694 | 1,742 | 1,306 | 19.9 | 14.0 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 12,927 | 2,559 | 2,623 | 1,928 | 29.4 | 19.8 | Feb 12, 2026 | J-GAAP |
| YoY | +9.9% | +17.8% | +14.1% | +16.4% | +10.0% |
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