trending Market Intelligence /marketintelligence/en/news-insights/trending/1t_GRQ8lxvrpTT8MnzsavQ2 content esgSubNav
In This List

Top Culture fiscal Q2 profit falls YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Top Culture fiscal Q2 profit falls YOY

Top Culture Co. Ltd. said its normalized net income for the fiscal second quarter ended April 30 came to ¥11.57 per share, a decrease of 23.4% from ¥15.10 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥140.1 million, a decrease of 23.1% from ¥182.3 million in the prior-year period.

The normalized profit margin fell to 1.6% from 2.0% in the year-earlier period.

Total revenue fell year over year to ¥8.49 billion from ¥8.92 billion, and total operating expenses declined year over year to ¥8.26 billion from ¥8.63 billion.

Reported net income decreased 53.5% from the prior-year period to ¥87.5 million, or ¥7.22 per share, from ¥188.0 million, or ¥15.58 per share.

As of June 12, US$1 was equivalent to ¥123.29.