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SLD Entertainment posts fiscal Q4 profit

SLD Entertainment Inc. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥26.9 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 2.4%.

Total revenue totaled ¥1.13 billion, and total operating expenses came to ¥1.08 billion.

Reported net income totaled ¥27.0 million, or ¥17.53 per share.

For the year, the company's normalized net income totaled ¥106.32 per share, an increase of 10.6% from ¥96.13 per share in the prior year.

Normalized net income was ¥126.9 million, a rise of 37.2% from ¥92.5 million in the prior year.

Full-year total revenue grew 16.2% year over year to ¥4.53 billion from ¥3.90 billion, and total operating expenses grew 14.9% on an annual basis to ¥4.32 billion from ¥3.76 billion.

The company said reported net income increased 23.4% on an annual basis to ¥116.0 million, or ¥97.21 per share, in the full year, from ¥94.0 million, or ¥97.69 per share.

As of June 30, US$1 was equivalent to ¥122.43.