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PC Depot fiscal Q3 profit climbs 6.7% YOY

PC Depot Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥11.26 per share, a decrease of 7.9% from ¥12.22 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥515.6 million, a gain of 6.7% from ¥483.1 million in the prior-year period.

The normalized profit margin rose to 3.8% from 3.5% in the year-earlier period.

Total revenue came to ¥13.65 billion, compared with ¥13.76 billion in the prior-year period, and total operating expenses declined on an annual basis to ¥12.86 billion from ¥13.01 billion.

Reported net income rose 9.3% year over year to ¥526.4 million, or ¥11.23 per share, from ¥481.8 million, or ¥12.18 per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.