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Muraki fiscal Q3 profit falls YOY

Muraki Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥4.84 per share, a decline of 73.3% from ¥18.11 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.9 million, a decline of 73.8% from ¥26.3 million in the year-earlier period.

The normalized profit margin fell to 0.3% from 1.1% in the year-earlier period.

Total revenue fell 5.7% year over year to ¥2.22 billion from ¥2.35 billion, and total operating expenses fell year over year to ¥2.23 billion from ¥2.32 billion.

Reported net income came to a loss of ¥1.0 million, or a loss of 70 sen per share, compared to income of ¥27.0 million, or ¥18.62 per share, in the year-earlier period.

As of Feb. 10, US$1 was equivalent to ¥119.28.