Doutor Nichires Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 was ¥26.00 per share, a gain of 19.9% from ¥21.69 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.25 billion, a gain of 19.9% from ¥1.05 billion in the year-earlier period.

The normalized profit margin climbed to 4.3% from 3.8% in the year-earlier period.

Total revenue climbed 7.2% on an annual basis to ¥29.40 billion from ¥27.43 billion, and total operating expenses grew 6.3% from the prior-year period to ¥27.42 billion from ¥25.81 billion.

Reported net income grew from the prior-year period to ¥508.0 million, or ¥10.54 per share, from ¥489.0 million, or ¥10.15 per share.

For the year, the company's normalized net income totaled ¥131.29 per share, an increase of 14.1% from ¥115.09 per share in the prior year.

Normalized net income was ¥6.33 billion, an increase of 14.1% from ¥5.55 billion in the prior year.

Full-year total revenue increased 5.7% from the prior-year period to ¥120.02 billion from ¥113.52 billion, and total operating expenses grew 5.1% year over year to ¥110.42 billion from ¥105.07 billion.

The company said reported net income rose 34.6% year over year to ¥5.22 billion, or ¥108.30 per share, in the full year, from ¥3.88 billion, or ¥80.43 per share.

As of May 28, US$1 was equivalent to ¥124.24.