S&B Foods Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥200.45 per share, a decrease of 5.2% from ¥211.51 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.37 billion, a decrease of 6.6% from ¥1.47 billion in the prior-year period.
The normalized profit margin dropped to 4.1% from 4.4% in the year-earlier period.
Total revenue came to ¥33.63 billion, compared with ¥33.67 billion in the prior-year period, and total operating expenses came to ¥31.47 billion, compared with ¥31.30 billion in the year-earlier period.
Reported net income totaled ¥1.47 billion, or ¥214.30 per share, compared to ¥1.46 billion, or ¥210.83 per share, in the year-earlier period.
As of Feb. 13, US$1 was equivalent to ¥118.68.
