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JSS Corp. fiscal Q3 profit climbs 38.7% YOY

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JSS Corp. fiscal Q3 profit climbs 38.7% YOY

JSS Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was ¥25.63 per share, a gain of 38.7% from ¥18.48 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥103.1 million, an increase of 38.7% from ¥74.4 million in the year-earlier period.

The normalized profit margin rose to 5.0% from 3.8% in the year-earlier period.

Total revenue rose 5.3% on an annual basis to ¥2.06 billion from ¥1.95 billion, and total operating expenses increased from the prior-year period to ¥1.90 billion from ¥1.83 billion.

Reported net income grew 61.3% year over year to ¥100.0 million, or ¥24.85 per share, from ¥62.0 million, or ¥15.41 per share.

As of Feb. 10, US$1 was equivalent to ¥114.87.