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Japan Best Rescue System fiscal Q2 profit climbs 11.3% YOY

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Japan Best Rescue System fiscal Q2 profit climbs 11.3% YOY

Japan Best Rescue System Co.Ltd. said its normalized net income for the fiscal second quarter ended March 31 was ¥6.63 per share, an increase of 10.9% from ¥5.98 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥228.6 million, a gain of 11.3% from ¥205.4 million in the prior-year period.

The normalized profit margin increased to 7.3% from 5.9% in the year-earlier period.

Total revenue fell 10.2% on an annual basis to ¥3.11 billion from ¥3.47 billion, and total operating expenses decreased 12.9% year over year to ¥2.75 billion from ¥3.15 billion.

Reported net income increased 42.8% on an annual basis to ¥444.0 million, or ¥12.88 per share, from ¥311.0 million, or ¥9.05 per share.

As of May 13, US$1 was equivalent to ¥109.14.