Ishii Food Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥7.75 per share, a gain of 29.7% from ¥5.97 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥137.5 million, an increase of 29.4% from ¥106.3 million in the year-earlier period.
The normalized profit margin increased to 4.0% from 3.1% in the year-earlier period.
Total revenue totaled ¥3.46 billion, compared with ¥3.45 billion in the prior-year period, and total operating expenses declined year over year to ¥3.24 billion from ¥3.28 billion.
Reported net income increased 35.8% year over year to ¥205.0 million, or ¥11.55 per share, from ¥151.0 million, or ¥8.49 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
