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Unipres fiscal Q4 profit climbs YOY

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Unipres fiscal Q4 profit climbs YOY

Unipres Corp. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥75.21 per share, an increase of 9.9% from ¥68.45 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥3.20 billion, a gain from ¥3.14 billion in the prior-year period.

The normalized profit margin declined to 3.5% from 3.5% in the year-earlier period.

Total revenue grew on an annual basis to ¥92.19 billion from ¥90.02 billion, and total operating expenses totaled ¥84.75 billion, compared with ¥84.41 billion in the prior-year period.

Reported net income fell 16.2% on an annual basis to ¥1.86 billion, or ¥43.64 per share, from ¥2.21 billion, or ¥48.18 per share.

For the year, the company's normalized net income totaled ¥235.05 per share, a decline from ¥244.26 per share in the prior year.

Normalized net income was ¥9.98 billion, a fall of 13.5% from ¥11.54 billion in the prior year.

Full-year total revenue increased 6.6% on an annual basis to ¥308.74 billion from ¥289.49 billion, and total operating expenses increased 6.2% year over year to ¥290.94 billion from ¥274.06 billion.

The company said reported net income declined 12.2% year over year to ¥7.21 billion, or ¥169.68 per share, in the full year, from ¥8.21 billion, or ¥173.77 per share.

As of June 24, US$1 was equivalent to ¥124.31.