Kotobuki Spirits Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥17.63 per share, a decrease of 10.2% from ¥19.64 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥548.8 million, a decrease of 10.2% from ¥611.3 million in the year-earlier period.
The normalized profit margin declined to 8.7% from 9.7% in the year-earlier period.
Total revenue totaled ¥6.28 billion, compared with ¥6.30 billion in the year-earlier period, and total operating expenses grew from the prior-year period to ¥5.41 billion from ¥5.33 billion.
Reported net income came to ¥530.0 million, or ¥17.03 per share, compared to ¥531.0 million, or ¥17.06 per share, in the year-earlier period.
As of Feb. 12, US$1 was equivalent to ¥118.90.
