trending Market Intelligence /marketintelligence/en/news-insights/trending/1cLD2dqhl7OTmj_SJqueiQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Kasai Kogyo fiscal Q4 profit falls YOY

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Blog

Fintech Intelligence Newsletter: February 2021

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity


Kasai Kogyo fiscal Q4 profit falls YOY

Kasai Kogyo Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥48.94 per share, a decline of 20.7% from ¥61.74 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.88 billion, a decrease of 20.5% from ¥2.36 billion in the prior-year period.

The normalized profit margin fell to 3.1% from 3.9% in the year-earlier period.

Total revenue came to ¥61.27 billion, compared with ¥60.93 billion in the prior-year period, and total operating expenses rose on an annual basis to ¥57.76 billion from ¥56.93 billion.

Reported net income declined 18.0% from the prior-year period to ¥1.67 billion, or ¥43.45 per share, from ¥2.03 billion, or ¥53.18 per share.

For the year, the company's normalized net income totaled ¥216.12 per share, a gain of 27.6% from ¥169.38 per share in the prior year.

Normalized net income was ¥8.28 billion, a gain of 28.8% from ¥6.43 billion in the prior year.

Full-year total revenue increased 10.8% year over year to ¥237.99 billion from ¥214.88 billion, and total operating expenses rose 9.1% year over year to ¥221.74 billion from ¥203.23 billion.

The company said reported net income grew 30.0% year over year to ¥8.54 billion, or ¥222.93 per share, in the full year, from ¥6.57 billion, or ¥173.09 per share.

As of June 24, US$1 was equivalent to ¥102.09.