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ONLY Corp. fiscal Q1 profit falls YOY

ONLY Corp. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, came to ¥52.11 per share, compared with ¥52.62 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥251.3 million, compared with ¥253.8 million in the prior-year period.

The normalized profit margin climbed to 13.2% from 12.8% in the year-earlier period.

Total revenue declined year over year to ¥1.91 billion from ¥1.98 billion, and total operating expenses declined from the prior-year period to ¥1.56 billion from ¥1.58 billion.

Reported net income increased 7.8% on an annual basis to ¥263.0 million, or ¥54.54 per share, from ¥244.0 million, or ¥50.60 per share.

As of Jan. 8, US$1 was equivalent to ¥117.71.