First Juken Co. Ltd. said its normalized net income for the fiscal first quarter ended Jan. 31 came to ¥31.31 per share, a decrease of 22.1% from ¥40.17 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥434.4 million, a decline of 22.1% from ¥557.5 million in the prior-year period.
The normalized profit margin declined to 4.3% from 5.8% in the year-earlier period.
Total revenue rose 6.0% year over year to ¥10.15 billion from ¥9.58 billion, and total operating expenses rose 9.0% from the prior-year period to ¥9.44 billion from ¥8.66 billion.
Reported net income declined 19.3% on an annual basis to ¥442.0 million, or ¥31.86 per share, from ¥548.0 million, or ¥39.49 per share.
As of March 16, US$1 was equivalent to ¥121.30.
