trending Market Intelligence /marketintelligence/en/news-insights/trending/7yN-DiG8qNGQb44QtVyGDw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Hiraki fiscal Q4 profit falls YOY

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021


Hiraki fiscal Q4 profit falls YOY

Hiraki Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥5.38 per share, a decline of 46.8% from ¥10.12 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥26.3 million, a decline of 46.8% from ¥49.4 million in the prior-year period.

The normalized profit margin fell to 0.6% from 1.0% in the year-earlier period.

Total revenue declined 15.3% on an annual basis to ¥4.16 billion from ¥4.90 billion, and total operating expenses fell 14.9% from the prior-year period to ¥4.09 billion from ¥4.80 billion.

Reported net income totaled a loss of ¥46.0 million, or a loss of ¥9.43 per share, compared to a loss of ¥12.0 million, or a loss of ¥2.46 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥65.59 per share, a decrease of 35.3% from ¥101.31 per share in the prior year.

Normalized net income was ¥320.0 million, a decrease of 35.3% from ¥494.4 million in the prior year.

Full-year total revenue fell 10.9% on an annual basis to ¥17.81 billion from ¥19.99 billion, and total operating expenses fell 10.4% year over year to ¥17.22 billion from ¥19.22 billion.

The company said reported net income declined 42.7% year over year to ¥224.0 million, or ¥45.91 per share, in the full year, from ¥391.0 million, or ¥80.12 per share.

As of June 29, US$1 was equivalent to ¥122.67.