Tsuruha Holdings Inc. said its normalized net income for the fiscal first quarter ended Aug. 15 came to ¥94.95 per share, an increase of 7.0% from ¥88.77 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥4.60 billion, a gain of 7.5% from ¥4.28 billion in the year-earlier period.
The normalized profit margin declined to 4.2% from 4.6% in the year-earlier period.
Total revenue rose 17.8% on an annual basis to ¥110.03 billion from ¥93.37 billion, and total operating expenses rose 18.6% from the prior-year period to ¥102.93 billion from ¥86.82 billion.
Reported net income rose 7.8% year over year to ¥4.35 billion, or ¥89.84 per share, from ¥4.04 billion, or ¥83.75 per share.
As of Sept. 26, US$1 was equivalent to ¥109.20.
