trending Market Intelligence /marketintelligence/en/news-insights/trending/5Ku5kVXUs1fC0Z3WQ4nGuw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Tokatsu Holdings fiscal Q4 profit falls YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Tokatsu Holdings fiscal Q4 profit falls YOY

Tokatsu Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥15.67 per share, a decrease of 30.3% from ¥22.48 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥76.9 million, a decrease of 30.5% from ¥110.6 million in the year-earlier period.

The normalized profit margin fell to 4.0% from 4.8% in the year-earlier period.

Total revenue fell 17.0% on an annual basis to ¥1.92 billion from ¥2.31 billion, and total operating expenses decreased 16.3% on an annual basis to ¥1.79 billion from ¥2.14 billion.

Reported net income declined 26.9% from the prior-year period to ¥76.0 million, or ¥15.49 per share, from ¥104.0 million, or ¥21.12 per share.

For the year, the company's normalized net income totaled ¥58.60 per share, a decline from ¥60.66 per share in the prior year.

Normalized net income was ¥288.1 million, a decrease from ¥297.5 million in the prior year.

Full-year total revenue declined from the prior-year period to ¥7.31 billion from ¥7.46 billion, and total operating expenses decreased year over year to ¥6.84 billion from ¥6.99 billion.

The company said reported net income grew on an annual basis to ¥282.0 million, or ¥57.35 per share, in the full year, from ¥271.2 million, or ¥55.30 per share.

As of June 29, US$1 was equivalent to ¥122.67.