trending Market Intelligence /marketintelligence/en/news-insights/trending/8cGs3M-tirFscF-Y9FehEQ2 content esgSubNav
In This List

Joban Kosan swings to loss in fiscal Q1


Municipal CUSIP Request Volumes Climbs for Fourth Straight Month


Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective


Root & Branch - June 2021: Greenium, Transparency and Advent


LCD Monthly: ESG Sustainability linked bonds offer pricing perk

Joban Kosan swings to loss in fiscal Q1

Joban Kosan Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was a loss of ¥4.13 per share, compared with ¥9.75 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 ¥36.3 million, compared with income of ¥77.5 million in the prior-year period.

The normalized profit margin fell to negative 0.4% from 0.7% in the year-earlier period.

Total revenue fell 18.8% on an annual basis to ¥9.30 billion from ¥11.45 billion, and total operating expenses decreased 17.5% from the prior-year period to ¥9.26 billion from ¥11.23 billion.

Reported net income totaled a loss of ¥67.0 million, or a loss of ¥7.62 per share, compared to income of ¥55.0 million, or ¥6.92 per share, in the prior-year period.

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