Corona Corp. said its normalized net income for the fiscal first quarter ended June 30 was a loss of ¥20.65 per share, compared with a loss of ¥19.76 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥605.6 million, compared with a loss of ¥579.6 million in the prior-year period.
The normalized profit margin declined to negative 4.1% from negative 3.9% in the year-earlier period.
Total revenue came to ¥14.87 billion, compared with ¥14.75 billion in the prior-year period, and total operating expenses increased year over year to ¥15.94 billion from ¥15.77 billion.
Reported net income came to a loss of ¥665.0 million, or a loss of ¥22.67 per share, compared to a loss of ¥642.0 million, or a loss of ¥21.89 per share, in the prior-year period.
As of Aug. 12, US$1 was equivalent to ¥102.19.
