Eagle Industry Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥42.30 per share, a decline from ¥44.35 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.04 billion, a decrease from ¥2.14 billion in the prior-year period.
The normalized profit margin fell to 5.6% from 6.3% in the year-earlier period.
Total revenue increased 6.8% year over year to ¥36.30 billion from ¥33.98 billion, and total operating expenses climbed 6.4% from the prior-year period to ¥32.52 billion from ¥30.56 billion.
Reported net income increased 58.6% year over year to ¥1.56 billion, or ¥32.33 per share, from ¥985.0 million, or ¥20.42 per share.
For the year, the company's normalized net income totaled ¥198.16 per share, a gain of 15.0% from ¥172.37 per share in the prior year.
Normalized net income was ¥9.57 billion, an increase of 15.2% from ¥8.31 billion in the prior year.
Full-year total revenue increased 10.8% on an annual basis to ¥138.15 billion from ¥124.71 billion, and total operating expenses grew 9.1% on an annual basis to ¥123.66 billion from ¥113.31 billion.
The company said reported net income rose 28.1% on an annual basis to ¥9.51 billion, or ¥196.99 per share, in the full year, from ¥7.43 billion, or ¥154.08 per share.
As of June 24, US$1 was equivalent to ¥124.31.