trending Market Intelligence /marketintelligence/en/news-insights/trending/5vOSrYCQazzcODLkM6771g2 content esgSubNav
In This List

Marutai swings to profit in fiscal Q2


Street Talk | Episode 108 - Weighing Fed rate hikes against banks' liquidity crunch


Snapshot: The Ripple Effects of 2023 Bank Failures


Master of Risk | Episode 1: Discussion with Natalia Hunik, CRO, Cubelogic

Case Study

A Private Equity Firm Leverages Technology to Optimize Data Management and Analysis

Marutai swings to profit in fiscal Q2

Marutai Co.Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was ¥24.86 per share, compared with a loss of ¥22.89 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥47.5 million, compared with a loss of ¥43.8 million in the prior-year period.

The normalized profit margin rose to 2.5% from negative 2.6% in the year-earlier period.

Total revenue grew 16.8% on an annual basis to ¥1.93 billion from ¥1.65 billion, and total operating expenses rose 7.1% year over year to ¥1.86 billion from ¥1.74 billion.

Reported net income totaled ¥65.0 million, or ¥34.01 per share, compared to a loss of ¥81.0 million, or a loss of ¥42.39 per share, in the prior-year period.

As of Nov. 11, US$1 was equivalent to ¥122.91.