Fuji Oozx Inc. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥125.34 per share, an increase of 69.3% from ¥74.04 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥257.5 million, a gain of 69.3% from ¥152.1 million in the year-earlier period.

The normalized profit margin climbed to 5.6% from 3.6% in the year-earlier period.

Total revenue grew 6.7% year over year to ¥4.56 billion from ¥4.28 billion, and total operating expenses declined on an annual basis to ¥4.15 billion from ¥4.20 billion.

Reported net income declined 32.7% from the prior-year period to ¥109.0 million, or ¥53.06 per share, from ¥162.0 million, or ¥78.85 per share.

For the year, the company's normalized net income totaled ¥486.24 per share, a gain of 6.5% from ¥456.77 per share in the prior year.

Normalized net income was ¥999.0 million, a gain of 6.4% from ¥938.5 million in the prior year.

Full-year total revenue increased year over year to ¥17.50 billion from ¥16.90 billion, and total operating expenses grew on an annual basis to ¥16.11 billion from ¥15.89 billion.

The company said reported net income grew 33.9% year over year to ¥1.26 billion, or ¥611.82 per share, in the full year, from ¥939.0 million, or ¥457.01 per share.

As of June 24, US$1 was equivalent to ¥102.09.