Fuso Dentsu Co. Ltd. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, came to a loss of ¥88.75 per share, compared with a loss of ¥100.48 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥127.5 million, compared with a loss of ¥144.4 million in the year-earlier period.
The normalized profit margin climbed to negative 1.7% from negative 2.1% in the year-earlier period.
Total revenue increased 6.3% on an annual basis to ¥7.47 billion from ¥7.04 billion, and total operating expenses climbed 5.7% from the prior-year period to ¥7.71 billion from ¥7.29 billion.
Reported net income came to a loss of ¥152.0 million, or a loss of ¥105.81 per share, compared to a loss of ¥159.0 million, or a loss of ¥110.65 per share, in the year-earlier period.
As of Feb. 10, US$1 was equivalent to ¥114.87.
