trending Market Intelligence /marketintelligence/en/news-insights/trending/Av_cdoCTFWnMMqlku5E_tA2 content esgSubNav
In This List

Fuji Shoji swings to loss in fiscal Q1

Blog

Municipal CUSIP Request Volumes Climbs for Fourth Straight Month

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Video

Root & Branch - June 2021: Greenium, Transparency and Advent

Blog

LCD Monthly: ESG Sustainability linked bonds offer pricing perk


Fuji Shoji swings to loss in fiscal Q1

Fuji Shoji Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was a loss of ¥63.97 per share, compared with ¥29.20 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 ¥1.56 billion, compared with income of ¥726.9 million in the year-earlier period.

The normalized profit margin fell to negative 38.9% from 7.5% in the year-earlier period.

Total revenue decreased 58.3% on an annual basis to ¥4.01 billion from ¥9.64 billion, and total operating expenses declined 23.0% on an annual basis to ¥6.56 billion from ¥8.52 billion.

Reported net income totaled a loss of ¥1.63 billion, or a loss of ¥66.98 per share, compared to income of ¥772.0 million, or ¥31.01 per share, in the prior-year period.

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