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Tsukamoto fiscal Q1 loss widens YOY

4916531 said its normalized net income for the fiscal first quarter ended June 30 amounted to a loss of ¥24.61 per share, compared with a loss of ¥4.55 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥98.1 million, compared with a loss of ¥18.1 million in the year-earlier period.

The normalized profit margin dropped to negative 1.5% from negative 0.3% in the year-earlier period.

Total revenue declined year over year to ¥6.53 billion from ¥6.76 billion, and total operating expenses fell on an annual basis to ¥6.69 billion from ¥6.77 billion.

eported net income came to a loss of ¥71.0 Tsukamoto Corp. Co. Ltd.