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Ohmoriya posts fiscal Q4 profit

Ohmoriya Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Sept. 30 amounted to ¥56.9 million.

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

The normalized profit margin was 1.4%.

Total revenue totaled ¥4.12 billion, and total operating expenses totaled ¥4.03 billion.

Reported net income totaled ¥81.0 million, or ¥15.97 per share.

For the year, the company's normalized net income totaled ¥22.43 per share, a gain from ¥8.38 per share in the prior year.

Normalized net income was ¥113.8 million, an increase from ¥42.5 million in the prior year.

Full-year total revenue rose on an annual basis to ¥16.54 billion from ¥16.28 billion, and total operating expenses totaled ¥16.37 billion, compared with ¥16.22 billion in the prior-year period.

The company said reported net income totaled ¥114.0 million, or ¥22.47 per share, in the full year, compared with a loss of ¥8.0 million, or a loss of ¥1.58 per share, the prior year.

As of Dec. 21, US$1 was equivalent to ¥117.75.