Tsukamoto Corp. Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of ¥9.56 per share, compared with ¥26.34 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 ¥38.1 million, compared with income of ¥105.0 million in the prior-year period.
The normalized profit margin fell to negative 0.6% from 1.3% in the year-earlier period.
Total revenue decreased 16.6% year over year to ¥6.84 billion from ¥8.20 billion, and total operating expenses fell 14.0% from the prior-year period to ¥6.88 billion from ¥7.99 billion.
Reported net income came to a loss of ¥15.0 million, or a loss of ¥3.76 per share, compared to income of ¥117.0 million, or ¥29.35 per share, in the prior-year period.
As of Feb. 6, US$1 was equivalent to ¥119.01.
