trending Market Intelligence /marketintelligence/en/news-insights/trending/6dgm6TtCPdgO0coXAy3wvg2 content esgSubNav
In This List

Hagihara Industries fiscal Q2 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Hagihara Industries fiscal Q2 profit falls YOY

Hagihara Industries said its normalized net income for the fiscal second quarter ended April 30 was ¥23.30 per share, a decrease of 6.7% from ¥24.98 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥346.9 million, a decline of 6.7% from ¥371.9 million in the prior-year period.

The normalized profit margin climbed to 6.9% from 6.6% in the year-earlier period.

Total revenue decreased 9.8% year over year to ¥5.05 billion from ¥5.60 billion, and total operating expenses declined 9.8% on an annual basis to ¥4.52 billion from ¥5.01 billion.

Reported net income fell 18.1% year over year to ¥308.0 million, or ¥20.69 per share, from ¥376.0 million, or ¥25.26 per share.

As of June 10, US$1 was equivalent to ¥122.64.