ALPHA Corp. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥58.72 per share, a decrease of 10.2% from ¥65.41 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥560.9 million, a decrease of 10.2% from ¥624.8 million in the prior-year period.
The normalized profit margin fell to 4.1% from 4.4% in the year-earlier period.
Total revenue fell year over year to ¥13.66 billion from ¥14.32 billion, and total operating expenses fell from the prior-year period to ¥12.55 billion from ¥13.18 billion.
Reported net income increased from the prior-year period to ¥883.0 million, or ¥92.44 per share, from ¥27.0 million, or ¥2.83 per share.
For the year, the company's normalized net income totaled ¥144.83 per share, a decrease of 10.7% from ¥162.15 per share in the prior year.
Normalized net income was ¥1.38 billion, a decrease of 10.7% from ¥1.55 billion in the prior year.
Full-year total revenue declined 7.1% from the prior-year period to ¥48.61 billion from ¥52.32 billion, and total operating expenses declined 7.0% on an annual basis to ¥46.96 billion from ¥50.51 billion.
The company said reported net income grew on an annual basis to ¥2.00 billion, or ¥209.38 per share, in the full year, from ¥857.0 million, or ¥89.72 per share.
As of June 19, US$1 was equivalent to ¥122.78.