trending Market Intelligence /marketintelligence/en/news-insights/trending/003_LmPnULP4dGNCygvjIw2 content esgSubNav
In This List

Oomitsu swings to profit in fiscal Q1

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Oomitsu swings to profit in fiscal Q1

Oomitsu Co. Ltd. said its normalized net income for the fiscal first quarter ended Aug. 31 came to 79 Japanese sen per share, compared with a loss of ¥5.54 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥9.4 million, compared with a loss of ¥65.6 million in the year-earlier period.

The normalized profit margin rose to 0.1% from negative 0.6% in the year-earlier period.

Total revenue grew 7.6% year over year to ¥11.70 billion from ¥10.87 billion, and total operating expenses rose 6.4% year over year to ¥11.68 billion from ¥10.98 billion.

Reported net income totaled a loss of ¥73.0 million, or a loss of ¥6.16 per share, compared to a loss of ¥81.0 million, or a loss of ¥6.84 per share, in the prior-year period.

As of Oct. 15, US$1 was equivalent to ¥106.21.