Lacto Japan Co. Ltd. said its normalized net income for the fiscal first half ended May 31 was ¥392.5 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Total revenue totaled ¥48.21 billion, and total operating expenses totaled ¥48.38 billion.
Reported net income totaled ¥378.0 million, or ¥96.49 per share.
As of July 24, US$1 was equivalent to ¥123.70.