Tabio Corp. said its normalized net income for the fiscal second quarter ended Aug. 31 came to a loss of ¥13.21 per share, compared with a loss of ¥15.23 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥90.0 million, compared with a loss of ¥103.8 million in the year-earlier period.
The normalized profit margin increased to negative 2.7% from negative 3.3% in the year-earlier period.
Total revenue climbed 6.1% year over year to ¥3.38 billion from ¥3.18 billion, and total operating expenses rose 5.2% from the prior-year period to ¥3.53 billion from ¥3.35 billion.
Reported net income came to a loss of ¥105.0 million, or a loss of ¥15.41 per share, compared to a loss of ¥116.0 million, or a loss of ¥17.03 per share, in the prior-year period.
As of Oct. 14, US$1 was equivalent to ¥107.05.
