trending Market Intelligence /marketintelligence/en/news-insights/trending/6r5hlOv9VxzuUSEhi-DV3w2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Tokyu Recreation Q2 profit falls YOY

Gender Parity within German Banks

Blog

Deal Trends in Latin America, Issue 13

Video

Capital Markets View April 2021

Fintech Intelligence Digital Newsletter: April 2021


Tokyu Recreation Q2 profit falls YOY

Tokyu Recreation Co. Ltd. said its normalized net income for the second quarter came to ¥5.48 per share, a decrease of 24.8% from ¥7.29 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥160.6 million, a decline of 24.9% from ¥213.8 million in the year-earlier period.

The normalized profit margin declined to 2.1% from 2.7% in the year-earlier period.

Total revenue declined year over year to ¥7.59 billion from ¥7.91 billion, and total operating expenses decreased from the prior-year period to ¥7.30 billion from ¥7.56 billion.

Reported net income declined 27.1% year over year to ¥148.0 million, or ¥5.05 per share, from ¥203.0 million, or ¥6.92 per share.

As of Aug. 14, US$1 was equivalent to ¥124.29.