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Suncall fiscal Q1 profit falls YOY

Suncall Corp. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥12.59 per share, a decline of 44.3% from ¥22.60 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥403.1 million, a decrease of 44.2% from ¥721.9 million in the year-earlier period.

The normalized profit margin declined to 4.8% from 8.7% in the year-earlier period.

Total revenue totaled ¥8.37 billion, compared with ¥8.34 billion in the prior-year period, and total operating expenses climbed year over year to ¥7.71 billion from ¥7.46 billion.

Reported net income fell 41.2% year over year to ¥455.2 million, or ¥14.22 per share, from ¥774.0 million, or ¥24.23 per share.

As of Aug. 8, US$1 was equivalent to ¥101.85.