Tomy Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to a loss of ¥10.76 per share, compared with a loss of ¥18.30 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥914.0 million, compared with a loss of ¥1.72 billion in the prior-year period.
The normalized profit margin rose to negative 2.8% from negative 5.6% in the year-earlier period.
Total revenue increased year over year to ¥32.43 billion from ¥31.02 billion, and total operating expenses came to ¥33.62 billion, compared with ¥33.33 billion in the year-earlier period.
Reported net income totaled a loss of ¥1.88 billion, or a loss of ¥22.18 per share, compared to a loss of ¥1.81 billion, or a loss of ¥20.24 per share, in the year-earlier period.
For the year, the company's normalized net income totaled ¥13.68 per share, a decrease of 22.2% from ¥17.60 per share in the prior year.
Normalized net income was ¥1.25 billion, a decline of 38.2% from ¥2.02 billion in the prior year.
Full-year total revenue declined on an annual basis to ¥149.94 billion from ¥154.80 billion, and total operating expenses decreased on an annual basis to ¥147.47 billion from ¥151.47 billion.
The company said reported net income totaled a loss of ¥1.82 billion, or a loss of ¥19.91 per share, in the full year, compared with income of ¥472.0 million, or ¥2.46 per share, the prior year.
As of June 25, US$1 was equivalent to ¥123.71.