trending Market Intelligence /marketintelligence/en/news-insights/trending/-ACGZXTPJYu-zrPpiZSUtA2 content esgSubNav
In This List

Seiko Holdings fiscal Q4 loss narrows YOY

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data


Seiko Holdings fiscal Q4 loss narrows YOY

4916549 said its normalized net income for the fiscal fourth quarter ended March 31 amounted to a loss of ¥3.87 per share, compared with a loss of ¥18.57 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥159.8 million, compared with a loss of ¥767.4 million in the year-earlier period.

The normalized profit margin climbed to negative 0.2% from negative 0.9% in the year-earlier period.

Total revenue declined 8.0% year over year to ¥76.10 billion from ¥82.68 billion, and total operating expenses fell 7.6% on an annual basis to ¥75.76 billion from ¥82.04 billion.

Reported net income totaled a loss of ¥2.21 billion, or a loss of ¥53.55 per share, compared to a loss of ¥4.55 billion, or a loss of ¥110.18 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥185.77 per share, an increase of 27.9% from ¥145.28 per share in the prior year.

Normalized net income was ¥7.68 billion, an increase of 27.9% from ¥6.00 billion in the prior year.

Full-year total revenue declined year over year to ¥293.47 billion from ¥308.29 billion, and total operating expenses decreased year over year to ¥281.68 billion from ¥294.15 billion.

he company said reported net income grew o Seiko Holdings Corp..