Nishimatsuya Chain Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 20 was ¥5.43 per share, a gain of 13.7% from ¥4.78 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥356.3 million, a gain of 12.2% from ¥317.5 million in the prior-year period.
The normalized profit margin increased to 1.2% from 1.1% in the year-earlier period.
Total revenue totaled ¥29.82 billion, compared with ¥29.77 billion in the year-earlier period, and total operating expenses totaled ¥29.32 billion, compared with ¥29.33 billion in the prior-year period.
Reported net income grew 16.9% on an annual basis to ¥270.0 million, or ¥4.12 per share, from ¥231.0 million, or ¥3.48 per share.
For the year, the company's normalized net income totaled ¥52.20 per share, compared with ¥52.48 per share in the prior year.
Normalized net income was ¥3.44 billion, a fall from ¥3.49 billion in the prior year.
Full-year total revenue totaled ¥128.53 billion, compared with ¥127.68 billion in the prior year, and total operating expenses totaled ¥123.21 billion, compared with ¥122.35 billion in the year-earlier period.
The company said reported net income grew 8.8% year over year to ¥3.25 billion, or ¥49.32 per share, in the full year, from ¥2.99 billion, or ¥45.00 per share.
As of May 13, US$1 was equivalent to ¥119.08.
