trending Market Intelligence /marketintelligence/en/news-insights/trending/4_YV0SqTeKkG8IVjPDZeZw2 content esgSubNav
In This List

Nihon Plast fiscal Q2 profit climbs 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


Nihon Plast fiscal Q2 profit climbs YOY

Nihon Plast Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥36.77 per share, a gain from ¥11.17 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥455.1 million, an increase from ¥157.4 million in the year-earlier period.

The normalized profit margin increased to 1.5% from 0.5% in the year-earlier period.

Total revenue totaled ¥29.45 billion, compared with ¥29.61 billion in the prior-year period, and total operating expenses declined on an annual basis to ¥28.61 billion from ¥29.32 billion.

Reported net income grew 82.5% year over year to ¥520.0 million, or ¥42.01 per share, from ¥285.0 million, or ¥20.22 per share.

As of Nov. 14, US$1 was equivalent to ¥116.46.