trending Market Intelligence /marketintelligence/en/news-insights/trending/AKMtXYM-HpdFHZ3xNF0zRQ2 content esgSubNav
In This List

Dai-ichi Seiko swings to loss in 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


Dai-ichi Seiko swings to loss in Q1

Dai-ichi Seiko Co. Ltd. said its first-quarter normalized net income amounted to a loss of ¥27.31 per share, compared with ¥28.56 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 ¥456.8 million, compared with income of ¥477.5 million in the prior-year period.

The normalized profit margin declined to negative 4.2% from 4.0% in the year-earlier period.

Total revenue declined 8.0% year over year to ¥10.94 billion from ¥11.88 billion, and total operating expenses came to ¥11.18 billion, compared with ¥11.29 billion in the prior-year period.

Reported net income totaled a loss of ¥763.0 million, or a loss of ¥45.63 per share, compared to income of ¥554.0 million, or ¥33.13 per share, in the prior-year period.

As of May 11, US$1 was equivalent to ¥108.60.