Central Sports Co. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥33.52 per share, a gain of 6.9% from ¥31.36 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥384.4 million, an increase of 6.9% from ¥359.6 million in the year-earlier period.
The normalized profit margin rose to 3.1% from 2.9% in the year-earlier period.
Total revenue climbed on an annual basis to ¥12.59 billion from ¥12.45 billion, and total operating expenses rose on an annual basis to ¥11.92 billion from ¥11.80 billion.
Reported net income rose on an annual basis to ¥264.0 million, or ¥23.02 per share, from ¥256.0 million, or ¥22.33 per share.
For the year, the company's normalized net income totaled ¥138.20 per share, a gain of 11.5% from ¥123.92 per share in the prior year.
Normalized net income was ¥1.58 billion, a gain of 11.5% from ¥1.42 billion in the prior year.
Full-year total revenue increased 5.4% on an annual basis to ¥50.94 billion from ¥48.33 billion, and total operating expenses rose 5.1% on an annual basis to ¥48.02 billion from ¥45.67 billion.
The company said reported net income increased 11.8% year over year to ¥1.35 billion, or ¥117.65 per share, in the full year, from ¥1.21 billion, or ¥105.27 per share.
As of June 26, US$1 was equivalent to ¥123.96.