San-A Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 amounted to ¥64.77 per share, a gain of 24.1% from ¥52.18 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.07 billion, an increase of 24.1% from ¥1.67 billion in the year-earlier period.
The normalized profit margin increased to 4.9% from 4.1% in the year-earlier period.
Total revenue increased on an annual basis to ¥42.22 billion from ¥40.70 billion, and total operating expenses climbed year over year to ¥38.82 billion from ¥37.95 billion.
Reported net income grew 51.5% on an annual basis to ¥2.05 billion, or ¥64.04 per share, from ¥1.35 billion, or ¥42.27 per share.
For the year, the company's normalized net income totaled ¥245.15 per share, an increase of 18.5% from ¥206.88 per share in the prior year.
Normalized net income was ¥7.84 billion, an increase of 18.5% from ¥6.61 billion in the prior year.
Full-year total revenue increased from the prior-year period to ¥164.55 billion from ¥157.56 billion, and total operating expenses increased on an annual basis to ¥151.70 billion from ¥146.59 billion.
The company said reported net income rose 19.0% year over year to ¥7.57 billion, or ¥236.90 per share, in the full year, from ¥6.36 billion, or ¥199.01 per share.
As of May 29, US$1 was equivalent to ¥124.15.