Tenpos Busters Co. Ltd. said its normalized net income for the fiscal first quarter ended July 31 came to ¥22.33 per share, an increase of 19.8% from ¥18.64 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥263.0 million, an increase of 19.9% from ¥219.4 million in the year-earlier period.
The normalized profit margin climbed to 5.3% from 4.8% in the year-earlier period.
Total revenue grew 6.6% on an annual basis to ¥4.92 billion from ¥4.62 billion, and total operating expenses grew 5.3% from the prior-year period to ¥4.47 billion from ¥4.24 billion.
Reported net income grew 16.7% on an annual basis to ¥272.0 million, or ¥23.10 per share, from ¥233.0 million, or ¥19.80 per share.
As of Sept. 12, US$1 was equivalent to ¥107.36.
