FUJIFILM Holdings Corp. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥44.82 per share, a gain of 74.4% from ¥25.69 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥21.60 billion, a gain of 74.5% from ¥12.38 billion in the year-earlier period.

The normalized profit margin climbed to 3.3% from 1.9% in the year-earlier period.

Total revenue grew on an annual basis to ¥662.95 billion from ¥643.71 billion, and total operating expenses totaled ¥619.47 billion, compared with ¥614.87 billion in the year-earlier period.

Reported net income increased 33.4% year over year to ¥24.69 billion, or ¥45.14 per share, from ¥18.50 billion, or ¥18.81 per share.

For the year, the company's normalized net income totaled ¥210.87 per share, compared to EPS of ¥141.64 in the prior year.

Normalized net income was ¥101.96 billion, a gain from ¥68.44 billion in the prior year.

Full-year total revenue rose year over year to ¥2.463 trillion from ¥2.418 trillion, and total operating expenses came to ¥2.299 trillion, compared with ¥2.290 trillion in the prior-year period.

The company said reported net income grew year over year to ¥118.55 billion, or ¥230.14 per share, in the full year, from ¥81.00 billion, or ¥148.49 per share.

As of June 29, US$1 was equivalent to ¥122.67.