trending Market Intelligence /marketintelligence/en/news-insights/trending/b26Hyevs5cv2PNc9e4QEgQ2 content esgSubNav
In This List

Hagoromo Foods fiscal Q3 profit falls 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

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Hagoromo Foods fiscal Q3 profit falls YOY

Hagoromo Foods Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥19.82 per share, a decline of 6.6% from ¥21.21 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥373.1 million, a decrease of 6.6% from ¥399.4 million in the year-earlier period.

The normalized profit margin fell to 1.9% from 2.2% in the year-earlier period.

Total revenue climbed 7.0% year over year to ¥19.83 billion from ¥18.54 billion, and total operating expenses rose 7.2% from the prior-year period to ¥19.34 billion from ¥18.04 billion.

Reported net income fell 50.3% from the prior-year period to ¥435.0 million, or ¥23.10 per share, from ¥876.0 million, or ¥46.52 per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.