Ahresty Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥5.62 per share, a decline of 86.7% from ¥42.20 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥147.5 million, a decrease of 83.9% from ¥915.6 million in the year-earlier period.
The normalized profit margin declined to 0.4% from 2.8% in the year-earlier period.
Total revenue increased year over year to ¥34.84 billion from ¥33.24 billion, and total operating expenses grew 8.7% on an annual basis to ¥34.49 billion from ¥31.72 billion.
Reported net income decreased 82.0% year over year to ¥262.6 million, or ¥1.59 per share, from ¥1.46 billion, or ¥67.23 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
