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Tenpos Busters fiscal Q3 profit climbs YOY

Tenpos Busters Co. Ltd. said its normalized net income for the fiscal third quarter ended Jan. 31 was ¥17.79 per share, an increase from ¥8.84 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥209.8 million, a gain from ¥104.3 million in the year-earlier period.

The normalized profit margin rose to 3.5% from 2.4% in the year-earlier period.

Total revenue rose 37.2% year over year to ¥5.92 billion from ¥4.31 billion, and total operating expenses grew 33.8% from the prior-year period to ¥5.51 billion from ¥4.12 billion.

Reported net income grew from the prior-year period to ¥199.0 million, or ¥16.88 per share, from ¥90.0 million, or ¥7.63 per share.

As of March 13, US$1 was equivalent to ¥121.18.