Lawson Inc. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, came to ¥124.90 per share, an increase from ¥120.41 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥12.48 billion, an increase from ¥12.05 billion in the prior-year period.
The normalized profit margin rose to 10.4% from 9.9% in the year-earlier period.
Total revenue fell year over year to ¥120.53 billion from ¥121.84 billion, and total operating expenses fell from the prior-year period to ¥100.78 billion from ¥102.69 billion.
Reported net income decreased on an annual basis to ¥11.06 billion, or ¥110.70 per share, from ¥11.42 billion, or ¥114.12 per share.
As of Jan. 14, US$1 was equivalent to ¥116.84.
