trending Market Intelligence /marketintelligence/en/news-insights/trending/1ztgQJ0k8Jd4aZNccsh75Q2 content esgSubNav
In This List

Daikoku Denki fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Daikoku Denki fiscal Q3 profit falls YOY

Daikoku Denki Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥87.94 per share, a decline of 47.8% from ¥168.44 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.30 billion, a decline of 47.8% from ¥2.49 billion in the prior-year period.

The normalized profit margin fell to 7.8% from 11.7% in the year-earlier period.

Total revenue fell 21.5% year over year to ¥16.77 billion from ¥21.35 billion, and total operating expenses decreased 15.3% from the prior-year period to ¥14.73 billion from ¥17.39 billion.

Reported net income fell 46.7% year over year to ¥1.27 billion, or ¥86.25 per share, from ¥2.39 billion, or ¥161.88 per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.