CoverCOVER Corporation5253東証グロース情報・通信業FY ending Mar 2026, non-consolidated, J-GAAP

Cover FY ending Mar 2026 results

Cover brought in ¥49.3B in revenue.

Out of every ¥100 of sales, about ¥14 is left as operating profit.

Revenue changed +13.7% from the prior year, operating profit -11.8%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +13.7% · profit -11.8%, calculated from disclosed figures.

Operating leverage: -0.86× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+13.7%¥43.4B → ¥49.3B
Gross profit
+7.8%¥21.8B → ¥23.5B
Operating income
-11.8%¥8B → ¥7.06B
Operating cash flow
+36.3%¥5.29B → ¥7.2B
Free cash flow
+66.2%¥2.81B → ¥4.67B

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Cover sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥53
SG&A
¥33
Operating profit
¥14
Net profit kept
¥6

Annual margin trends

Gross margin47.7%
FY ending Mar 2022: 38.6%38.6%FY ending Mar 2023: 45.9%45.9%FY ending Mar 2024: 46.4%46.4%FY ending Mar 2025: 50.2%50.2%FY ending Mar 2026: 47.7%47.7%FY22FY23FY24FY25FY26
Operating margin14.3%
FY ending Mar 2022: 13.6%13.6%FY ending Mar 2023: 16.7%16.7%FY ending Mar 2024: 18.4%18.4%FY ending Mar 2025: 18.4%18.4%FY ending Mar 2026: 14.3%14.3%FY22FY23FY24FY25FY26
Net margin6.1%
FY ending Mar 2022: 9.1%9.1%FY ending Mar 2023: 12.3%12.3%FY ending Mar 2024: 13.7%13.7%FY ending Mar 2025: 12.8%12.8%FY ending Mar 2026: 6.1%6.1%FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (4)
  • EDINET (FSA Japan)

    訂正有価証券報告書-第10期(2025/04/01-2026/03/31)

    ID S100YOKU2026-07-03Open
  • EDINET (FSA Japan)

    有価証券報告書-第9期(2024/04/01-2025/03/31)

    ID S100W4H72025-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第8期(2023/04/01-2024/03/31)

    ID S100TYFD2024-07-01Open
  • EDINET (FSA Japan)

    有価証券報告書-第7期(2022/04/01-2023/03/31)

    ID S100RA9G2023-06-30Open

Extracted from XBRL: 42 / Derived from other figures: 1

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Other periods

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