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Semba Tohka Industries fiscal Q1 profit climbs YOY

Semba Tohka Industries Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥2.69 per share, an increase from ¥2.64 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥30.6 million, an increase from ¥30.0 million in the year-earlier period.

The normalized profit margin declined to 0.8% from 0.8% in the year-earlier period.

Total revenue rose on an annual basis to ¥3.80 billion from ¥3.63 billion, and total operating expenses increased year over year to ¥3.74 billion from ¥3.58 billion.

Reported net income increased 50.0% year over year to ¥24.0 million, or ¥2.11 per share, from ¥16.0 million, or ¥1.41 per share.

As of Aug. 11, US$1 was equivalent to ¥102.12.