JINS Inc. said its normalized net income for the fiscal third quarter ended May 31 amounted to ¥39.96 per share, a gain of 25.2% from ¥31.91 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥958.1 million, an increase of 25.2% from ¥765.0 million in the year-earlier period.
The normalized profit margin increased to 8.4% from 7.9% in the year-earlier period.
Total revenue rose 18.1% year over year to ¥11.36 billion from ¥9.62 billion, and total operating expenses increased 16.5% year over year to ¥9.80 billion from ¥8.42 billion.
Reported net income grew 18.1% year over year to ¥896.0 million, or ¥37.37 per share, from ¥759.0 million, or ¥31.66 per share.
As of July 13, US$1 was equivalent to ¥123.47.