trending Market Intelligence /marketintelligence/en/news-insights/trending/1utQga9uymTQ0AmrE4D8Qg2 content esgSubNav
In This List

Ichishin Holdings fiscal Q4 profit falls YOY

Blog

TCFD Reporting in Singapore

Blog

Plant upgrades and extensions drive 2025 cable capex forecast

Podcast

Next in Tech | Episode 47: Transformation is transforming technology services

Podcast

Next in Tech | Episode 46: Payments evolution in digital


Ichishin Holdings fiscal Q4 profit falls YOY

Ichishin Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 came to ¥43.10 per share, a decrease of 26.0% from ¥58.28 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥445.0 million, a decline of 15.4% from ¥526.3 million in the year-earlier period.

The normalized profit margin dropped to 9.1% from 10.2% in the year-earlier period.

Total revenue decreased 5.0% year over year to ¥4.89 billion from ¥5.14 billion, and total operating expenses decreased year over year to ¥4.17 billion from ¥4.30 billion.

Reported net income totaled a loss of ¥306.0 million, or a loss of ¥29.64 per share, compared to income of ¥525.0 million, or ¥58.14 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥17.67 per share, an increase from ¥5.81 per share in the prior year.

Normalized net income was ¥176.3 million, an increase from ¥52.5 million in the prior year.

Full-year total revenue decreased 6.1% on an annual basis to ¥16.77 billion from ¥17.86 billion, and total operating expenses decreased 7.3% year over year to ¥16.46 billion from ¥17.76 billion.

The company said reported net income came to a loss of ¥1.05 billion, or a loss of ¥105.57 per share, in the full year, compared with a loss of ¥737.0 million, or a loss of ¥81.61 per share, the prior year.

As of May 28, US$1 was equivalent to ¥124.24.