trending Market Intelligence /marketintelligence/en/news-insights/trending/9_SlL-yGWgWS6wVnUIg2qw2 content esgSubNav
In This List

Tose Co. Ltd. swings to loss in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Blog

Europe: 5 key OTT trends to watch in 202

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Tose Co. Ltd. swings to loss in fiscal Q1

Tose Co. Ltd. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, amounted to a loss of ¥8.95 per share, compared with ¥1.67 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 ¥66.9 million, compared with income of ¥12.5 million in the year-earlier period.

The normalized profit margin declined to negative 12.2% from 1.6% in the year-earlier period.

Total revenue fell 28.2% on an annual basis to ¥547.0 million from ¥762.0 million, and total operating expenses declined 14.6% year over year to ¥677.0 million from ¥793.0 million.

Reported net income came to a loss of ¥91.0 million, or a loss of ¥12.18 per share, compared to income of ¥26.5 million, or ¥3.50 per share, in the prior-year period.

As of Jan. 14, US$1 was equivalent to ¥118.06.