trending Market Intelligence /marketintelligence/en/news-insights/trending/AWO9wuw0pgeVXChhi96qQw2 content esgSubNav
In This List

Lapine Co. Ltd. fiscal Q2 loss widens YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Lapine Co. Ltd. fiscal Q2 loss widens YOY

Lapine Co. Ltd. said its normalized net income for the fiscal second quarter ended Aug. 31 was a loss of ¥70.92 per share, compared with a loss of ¥70.36 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 ¥165.0 million, compared with a loss of ¥163.8 million in the prior-year period.

The normalized profit margin dropped to negative 6.8% from negative 6.8% in the year-earlier period.

Total revenue totaled ¥2.44 billion, compared with ¥2.42 billion in the prior-year period, and total operating expenses totaled ¥2.71 billion, compared with ¥2.69 billion in the year-earlier period.

Reported net income came to a loss of ¥270.8 million, or a loss of ¥116.37 per share, compared to a loss of ¥238.8 million, or a loss of ¥102.60 per share, in the prior-year period.

As of Oct. 14, US$1 was equivalent to ¥107.05.