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Willplus Holdings posts fiscal Q4 profit

Willplus Holdings Corp. said its normalized net income for the fiscal fourth quarter ended June 30 was ¥73.8 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 1.3%.

Total revenue came to ¥5.64 billion, and total operating expenses totaled ¥5.51 billion.

Reported net income totaled ¥35.7 million, or ¥3.80 per share.

For the year, the company's normalized net income totaled ¥66.88 per share, an increase of 17.1% from ¥57.11 per share in the prior year.

Normalized net income was ¥540.0 million, a rise of 28.4% from ¥420.6 million in the prior year.

Full-year total revenue rose 10.6% from the prior-year period to ¥21.09 billion from ¥19.07 billion, and total operating expenses increased 10.0% on an annual basis to ¥20.21 billion from ¥18.37 billion.

The company said reported net income rose 18.5% year over year to ¥492.9 million, or ¥61.04 per share, in the full year, from ¥416.0 million, or ¥56.48 per share.

As of Sept. 29, US$1 was equivalent to ¥101.58.