trending Market Intelligence /marketintelligence/en/news-insights/trending/7RmH0PEa2lymLWAtj3xHRw2 content esgSubNav
In This List

Wakou Shokuhin swings to loss in fiscal Q1


HDFC Securities Investment Research Now Available through S&P Capital IQ Pro


MediaTalk | Season 2
Ep.2 Back to the Box Office


The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Wakou Shokuhin swings to loss in fiscal Q1

Wakou Shokuhin Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to a loss of ¥37.40 per share, compared with ¥82.43 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥30.6 million, compared with income of ¥67.5 million in the prior-year period.

The normalized profit margin fell to negative 2.2% from 4.8% in the year-earlier period.

Total revenue declined on an annual basis to ¥1.38 billion from ¥1.39 billion, and total operating expenses grew 6.2% from the prior-year period to ¥1.42 billion from ¥1.33 billion.

Reported net income totaled a loss of ¥51.0 million, or a loss of ¥62.28 per share, compared to income of ¥64.0 million, or ¥78.16 per share, in the prior-year period.

As of Aug. 13, US$1 was equivalent to ¥102.37.