Motoaki “YAGOO” Tanigo, current CEO of COVER Corp., is now overseeing the company’s talent management directly, a role that began in April this year. The move was announced during COVER Corp.’s recent briefing for its fiscal year ending in March.
According to the briefing, while he previously oversaw the entire company as president, he plans to accelerate progress by taking on direct, ultimate responsibility for each department moving forward.
Regarding the talent management department, COVER Corp. stated that while it was previously integrated into the overall VTuber business division, it has now been spun off into a dedicated department. The company aims to strengthen this function by clarifying its role and increasing staffing.
Moreover, the company aims to implement a flexible concentration of resources according to activity phases and develop an environment that supports the long-term success of its talents. It also plans to strengthen the next-generation talent pipeline through permanent and new auditions.
It had also announced a pivot from its metaverse projects, reporting impairment losses on Holoearth development assets, leading up to the announcement of the service’s shutdown on June 28. COVER Corp. will also be integrating related technologies into streaming apps and 3D asset production, with a core focus on enhancing fan experience.
COVER Corp. reported a revenue of 49,330 million yen (+13.7% YoY), gross profit of 23,507 million yen (+7.8% YoY), marginal profit of 20,412 million yen (+9.1% YoY), operating profit of 7,056 million yen (-11.8% YoY), and net profit of 3,016 million yen (-45.7% YoY).
It stated that while the business scale continued to expand in each service, such as concerts/events, TCG, and licensing/collaborations, revenue in the streaming and e-commerce business entered a short-term adjustment phase against the backdrop of changes in talent composition and the community environment.
Sources: Game Watch, COVER Corp. FY2026.3 presentation material
