F.C.C. Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥50.10 per share, a decrease of 11.6% from ¥56.66 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.51 billion, a decrease of 11.6% from ¥2.84 billion in the year-earlier period.
The normalized profit margin dropped to 6.5% from 7.8% in the year-earlier period.
Total revenue rose 6.8% year over year to ¥38.70 billion from ¥36.23 billion, and total operating expenses grew 11.9% on an annual basis to ¥36.77 billion from ¥32.88 billion.
Reported net income declined 29.3% on an annual basis to ¥2.43 billion, or ¥48.38 per share, from ¥3.44 billion, or ¥68.46 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
