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Izutsuya fiscal Q1 profit climbs YOY

4230050 said its normalized net income for the fiscal first quarter ended May 31 amounted to ¥23.67 per share, a gain from ¥22.63 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥271.3 million, a gain from ¥259.4 million in the prior-year period.

The normalized profit margin climbed to 1.3% from 1.2% in the year-earlier period.

Total revenue rose year over year to ¥21.51 billion from ¥20.98 billion, and total operating expenses increased from the prior-year period to ¥21.01 billion from ¥20.52 billion.

eported net income totaled a loss of ¥3.99 b Izutsuya Co. Ltd..