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Fujix swings to loss in fiscal Q3

Fujix Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to a loss of ¥24.68 per share, compared with ¥2.09 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥34.0 million, compared with income of ¥2.9 million in the prior-year period.

The normalized profit margin fell to negative 2.0% from 0.2% in the year-earlier period.

Total revenue fell on an annual basis to ¥1.69 billion from ¥1.72 billion, and total operating expenses came to ¥1.72 billion, compared with ¥1.73 billion in the prior-year period.

Reported net income came to ¥10.0 million, or ¥7.26 per share, compared to a loss of ¥10.0 million, or a loss of ¥7.26 per share, in the year-earlier period.

As of Feb. 13, US$1 was equivalent to ¥118.68.