Ryohin Keikaku Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 29 came to ¥153.55 per share, a gain of 5.4% from ¥145.73 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥4.09 billion, an increase of 5.5% from ¥3.88 billion in the prior-year period.
The normalized profit margin fell to 5.1% from 5.6% in the year-earlier period.
Total revenue rose 15.8% on an annual basis to ¥80.74 billion from ¥69.75 billion, and total operating expenses climbed 13.4% year over year to ¥72.25 billion from ¥63.73 billion.
Reported net income grew 10.4% year over year to ¥4.58 billion, or ¥171.87 per share, from ¥4.15 billion, or ¥155.76 per share.
For the year, the company's normalized net income totaled ¥771.45 per share, a gain of 23.6% from ¥624.36 per share in the prior year.
Normalized net income was ¥20.54 billion, a rise of 23.7% from ¥16.61 billion in the prior year.
Full-year total revenue grew 18.2% year over year to ¥307.53 billion from ¥260.25 billion, and total operating expenses rose 15.5% year over year to ¥273.09 billion from ¥236.41 billion.
The company said reported net income grew 30.6% on an annual basis to ¥21.72 billion, or ¥815.59 per share, in the full year, from ¥16.62 billion, or ¥625.00 per share.
As of May 26, US$1 was equivalent to ¥109.66.