trending Market Intelligence /marketintelligence/en/news-insights/trending/ckfOvc_-GzhpB1GGwzoHtw2 content esgSubNav
In This List

Sanden Holdings fiscal Q1 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Sanden Holdings fiscal Q1 profit climbs YOY

Sanden Holdings Corp. said its normalized net income for the fiscal first quarter ended June 30 came to ¥70.76 per share, an increase from ¥20.28 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.96 billion, a gain from ¥552.8 million in the prior-year period.

The normalized profit margin increased to 2.5% from 0.8% in the year-earlier period.

Total revenue rose 16.4% year over year to ¥76.86 billion from ¥66.02 billion, and total operating expenses rose 12.3% from the prior-year period to ¥73.81 billion from ¥65.70 billion.

Reported net income grew on an annual basis to ¥2.66 billion, or ¥96.24 per share, from ¥556.0 million, or ¥20.40 per share.

As of Aug. 8, US$1 was equivalent to ¥101.85.