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Fujisan Magazine Service posts Q1 profit

Fujisan Magazine Service Co. Ltd. said its first-quarter normalized net income came to ¥66.9 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 11.1%.

Total revenue came to ¥603.0 million, and total operating expenses came to ¥494.0 million.

Reported net income totaled ¥71.0 million, or ¥46.28 per share.

As of June 3, US$1 was equivalent to ¥124.14.