Daytona Corp. said its normalized net income for the fourth quarter came to ¥42.41 per share, a gain of 67.9% from ¥25.26 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥89.3 million, an increase of 66.8% from ¥53.5 million in the year-earlier period.
The normalized profit margin climbed to 6.0% from 4.0% in the year-earlier period.
Total revenue increased 11.1% year over year to ¥1.50 billion from ¥1.35 billion, and total operating expenses rose 13.9% on an annual basis to ¥1.45 billion from ¥1.27 billion.
Reported net income came to a loss of ¥544.2 million, or a loss of ¥258.57 per share, compared to income of ¥51.1 million, or ¥24.14 per share, in the prior-year period.
For the year, the company's normalized net income totaled ¥104.29 per share, a decline from ¥106.88 per share in the prior year.
Normalized net income was ¥219.5 million, a decline from ¥226.4 million in the prior year.
Full-year total revenue increased from the prior-year period to ¥5.83 billion from ¥5.66 billion, and total operating expenses rose year over year to ¥5.57 billion from ¥5.31 billion.
The company said reported net income totaled a loss of ¥427.0 million, or a loss of ¥202.89 per share, in the full year, compared with income of ¥213.3 million, or ¥100.72 per share, the prior year.
As of March 25, US$1 was equivalent to ¥113.11.