>>106727684I skimmed through it and the most concerning thing for investors seems to be the fall in operating profit of 33%. Cover blamed tariffs, but Trump is going to be in office for at least 3 more years, so it's bleak.
other intriguing things mentioned are
>management structural reformIt looks like Cover actually was concerned with the wave of graduations, though we already knew this. More performer support and communication with management is welcome, though I do wish it had been done earlier.
>return of cash to shareholders like NijiCover seems to want to have a healthy buffer for liquidity, though they do say they'd "consider returning surplus cash to shareholders".
>future plansAs expected, Cover seems to want to continue to focus on international growth. The four regions mentioned at NA, SEA, East Asia and Europe, so Latin America is out of luck. The slides also hint at more branching out to media like games and manga
