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S.T. Corp. fiscal Q2 profit falls YOY

4916045 said its normalized net income for the fiscal second quarter ended Sept. 30 came to ¥30.89 per share, a decrease from ¥31.57 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥675.1 million, a decline from ¥685.5 million in the year-earlier period.

The normalized profit margin dropped to 5.1% from 5.5% in the year-earlier period.

Total revenue increased 6.3% year over year to ¥13.32 billion from ¥12.53 billion, and total operating expenses increased 7.6% on an annual basis to ¥12.13 billion from ¥11.27 billion.

Reported net income increased 8.8% from the p S.T. Corp.