trending Market Intelligence /marketintelligence/en/news-insights/trending/3Qd_ZNFs-P-SZs1YeFvdDQ2 content esgSubNav
In This List

Amagasa fiscal Q4 loss widens 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


Amagasa fiscal Q4 loss widens YOY

Amagasa Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Jan. 31 amounted to a loss of ¥20.13 per share, compared with a loss of ¥6.37 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥37.5 million, compared with a loss of ¥11.9 million in the year-earlier period.

The normalized profit margin fell to negative 2.4% from negative 0.8% in the year-earlier period.

Total revenue climbed 5.3% year over year to ¥1.53 billion from ¥1.46 billion, and total operating expenses rose 7.8% from the prior-year period to ¥1.58 billion from ¥1.47 billion.

Reported net income totaled a loss of ¥59.0 million, or a loss of ¥31.67 per share, compared to a loss of ¥25.0 million, or a loss of ¥13.42 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥84.20 per share, a decline of 6.0% from ¥89.56 per share in the prior year.

Normalized net income was ¥156.9 million, a decrease of 6.0% from ¥166.9 million in the prior year.

Full-year total revenue grew 7.1% on an annual basis to ¥7.34 billion from ¥6.85 billion, and total operating expenses increased 7.0% year over year to ¥7.04 billion from ¥6.59 billion.

The company said reported net income declined 13.6% year over year to ¥127.0 million, or ¥68.16 per share, in the full year, from ¥147.0 million, or ¥78.90 per share.

As of April 23, US$1 was equivalent to ¥119.66.