trending Market Intelligence /marketintelligence/en/news-insights/trending/_2wkvZ1uRVDBtPdQ-LJt8Q2 content esgSubNav
In This List

Aisan Industry fiscal Q4 profit falls YOY

The Cobalt Expansion Drive Is A Copper Story

Podcast

Maritime and Trade Talk | EP12: Oil Price Cap - Implications for Trade and Shipping Risk

Podcast

Maritime and Trade Talk | Episode 11: Trade Outlook - Response To Geopolitical Events

Podcast

Maritime and Trade Talk | E10: Navigating Maritime Risks from an Insurers’ Perspective?


Aisan Industry fiscal Q4 profit falls YOY

Aisan Industry Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥12.81 per share, a decline of 58.3% from ¥30.71 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥802.9 million, a decline of 58.0% from ¥1.91 billion in the prior-year period.

The normalized profit margin fell to 1.5% from 3.3% in the year-earlier period.

Total revenue fell 6.7% on an annual basis to ¥53.84 billion from ¥57.70 billion, and total operating expenses decreased 5.0% from the prior-year period to ¥52.20 billion from ¥54.94 billion.

Reported net income declined 53.5% from the prior-year period to ¥549.9 million, or ¥8.76 per share, from ¥1.18 billion, or ¥19.00 per share.

For the year, the company's normalized net income totaled ¥89.74 per share, a decrease of 22.3% from ¥115.52 per share in the prior year.

Normalized net income was ¥5.62 billion, a decrease of 19.2% from ¥6.96 billion in the prior year.

Full-year total revenue increased year over year to ¥215.36 billion from ¥212.68 billion, and total operating expenses grew on an annual basis to ¥205.50 billion from ¥201.88 billion.

The company said reported net income fell 8.1% on an annual basis to ¥6.21 billion, or ¥99.06 per share, in the full year, from ¥6.76 billion, or ¥112.07 per share.

As of June 14, US$1 was equivalent to ¥105.87.