trending Market Intelligence /marketintelligence/en/news-insights/trending/cWRcFAbGeYX89kmB3eG1_w2 content esgSubNav
In This List

Marutai fiscal Q4 loss narrows YOY

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Case Study

A PE Firm Capitalizes on Market Opportunities with Robust Data and Analytics

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


Marutai fiscal Q4 loss narrows YOY

Marutai Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to a loss of ¥17.98 per share, compared with a loss of ¥61.80 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 ¥34.4 million, compared with a loss of ¥118.1 million in the year-earlier period.

The normalized profit margin increased to negative 2.0% from negative 6.5% in the year-earlier period.

Total revenue declined on an annual basis to ¥1.76 billion from ¥1.81 billion, and total operating expenses fell 9.0% from the prior-year period to ¥1.82 billion from ¥2.00 billion.

Reported net income came to a loss of ¥62.0 million, or a loss of ¥32.43 per share, compared to a loss of ¥196.0 million, or a loss of ¥102.54 per share, in the year-earlier period.

For the year, the company's normalized net income totaled a loss of ¥65.41 per share, compared with a loss of ¥184.43 per share in the prior year.

Normalized net income was a loss of ¥125.0 million, compared with a loss of ¥352.5 million in the prior year.

Full-year total revenue declined from the prior-year period to ¥7.21 billion from ¥7.51 billion, and total operating expenses decreased 7.9% on an annual basis to ¥7.46 billion from ¥8.10 billion.

The company said reported net income totaled a loss of ¥228.0 million, or a loss of ¥119.30 per share, in the full year, compared with a loss of ¥579.0 million, or a loss of ¥302.94 per share, the prior year.

As of June 19, US$1 was equivalent to ¥122.78.