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Moonbat fiscal Q4 profit climbs YOY

Moonbat Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥25.29 per share, an increase from ¥10.67 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥125.6 million, an increase from ¥53.1 million in the year-earlier period.

The normalized profit margin increased to 4.3% from 1.9% in the year-earlier period.

Total revenue climbed year over year to ¥2.94 billion from ¥2.80 billion, and total operating expenses rose from the prior-year period to ¥2.81 billion from ¥2.74 billion.

Reported net income rose on an annual basis to ¥151.0 million, or ¥30.40 per share, from ¥55.0 million, or ¥11.05 per share.

For the year, the company's normalized net income totaled ¥80.66 per share, a decline of 25.7% from ¥108.55 per share in the prior year.

Normalized net income was ¥400.6 million, a decline of 27.5% from ¥552.5 million in the prior year.

Full-year total revenue fell 5.6% year over year to ¥12.74 billion from ¥13.50 billion, and total operating expenses decreased year over year to ¥12.27 billion from ¥12.71 billion.

The company said reported net income declined 23.7% year over year to ¥400.0 million, or ¥80.53 per share, in the full year, from ¥524.0 million, or ¥102.95 per share.

As of June 29, US$1 was equivalent to ¥122.67.