trending Market Intelligence /marketintelligence/en/news-insights/trending/3FtmtCWgS-J9DEDubeKqig2 content esgSubNav
In This List

Key Coffee fiscal Q1 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

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Key Coffee fiscal Q1 profit falls YOY

Key Coffee Inc. said its normalized net income for the fiscal first quarter ended June 30 was ¥16.37 per share, a decline of 24.8% from ¥21.76 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥371.3 million, a decline of 24.8% from ¥493.6 million in the prior-year period.

The normalized profit margin fell to 2.7% from 3.5% in the year-earlier period.

Total revenue came to ¥13.88 billion, compared with ¥13.96 billion in the prior-year period, and total operating expenses increased on an annual basis to ¥13.40 billion from ¥13.22 billion.

Reported net income decreased 36.3% year over year to ¥354.0 million, or ¥15.61 per share, from ¥556.0 million, or ¥24.51 per share.

As of Aug. 8, US$1 was equivalent to ¥101.85.