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Yamaya fiscal Q4 profit falls YOY

4914979 said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥40.06 per share, a decline of 34.2% from ¥60.87 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥434.4 million, a decline of 34.2% from ¥660.0 million in the year-earlier period.

The normalized profit margin fell to 1.1% from 1.6% in the year-earlier period.

Total revenue decreased 5.7% on an annual basis to ¥38.22 billion from ¥40.55 billion, and total operating expenses fell 5.2% on an annual basis to ¥37.09 billion from ¥39.14 billion.

Reported net income fell 57.6% on an annual basis to ¥174.0 million, or ¥16.05 per share, from ¥410.0 million, or ¥37.81 per share.

For the year, the company's normalized net income totaled ¥210.81 per share, a decline of 6.8% from ¥226.18 per share in the prior year.

Normalized net income was ¥2.29 billion, a fall of 6.8% from ¥2.45 billion in the prior year.

Full-year total revenue grew 20.3% year over year to ¥163.16 billion from ¥135.66 billion, and total operating expenses rose 19.9% year over year to ¥157.66 billion from ¥131.46 billion.

The company said reported net income declined 30.3% on an annual basis to ¥1.61 billion, or ¥148.87 per share, in the full year, from ¥2.31 billion, or ¥213.50 per share.

s of June 26, US$1 was equivalent to ¥123.96.Yamaya Corp.

4914979 said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥40.06 per share, a decline of 34.2% from ¥60.87 per share in the year-earlier period.