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Y's Table swings to loss in fiscal Q3

Y's Table Corp. said its normalized net income for the fiscal third quarter ended Nov. 30, 2015, amounted to a loss of ¥16.30 per share, compared with ¥15.50 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 ¥43.4 million, compared with income of ¥41.3 million in the prior-year period.

The normalized profit margin fell to negative 1.2% from 1.2% in the year-earlier period.

Total revenue climbed year over year to ¥3.62 billion from ¥3.54 billion, and total operating expenses rose year over year to ¥3.69 billion from ¥3.53 billion.

Reported net income totaled a loss of ¥105.0 million, or a loss of ¥39.46 per share, compared to income of ¥30.0 million, or ¥11.27 per share, in the year-earlier period.

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