trending Market Intelligence /marketintelligence/en/news-insights/trending/CZRFviXd-41_w5TuHdAYPw2 content esgSubNav
In This List

Press Kogyo fiscal Q1 profit falls YOY

Blog

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

Blog

Are you ready for ISSB: Navigating Singapore’s climate risk reporting framework

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


Press Kogyo fiscal Q1 profit falls YOY

Press Kogyo Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was ¥13.06 per share, a decrease from ¥13.59 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.42 billion, a decline from ¥1.48 billion in the prior-year period.

The normalized profit margin fell to 3.1% from 3.4% in the year-earlier period.

Total revenue grew 6.9% year over year to ¥46.37 billion from ¥43.36 billion, and total operating expenses climbed 7.0% from the prior-year period to ¥44.08 billion from ¥41.21 billion.

Reported net income fell 23.2% year over year to ¥1.34 billion, or ¥12.36 per share, from ¥1.75 billion, or ¥16.10 per share.

As of Aug. 7, US$1 was equivalent to ¥102.16.