Marutai Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥16.03 per share, compared with a loss of ¥12.75 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥30.6 million, compared with a loss of ¥24.4 million in the prior-year period.
The normalized profit margin increased to 1.4% from negative 1.1% in the year-earlier period.
Total revenue fell year over year to ¥2.17 billion from ¥2.21 billion, and total operating expenses fell year over year to ¥2.15 billion from ¥2.25 billion.
Reported net income totaled ¥43.0 million, or ¥22.50 per share, compared to a loss of ¥52.0 million, or a loss of ¥27.21 per share, in the year-earlier period.
As of Feb. 10, US$1 was equivalent to ¥119.28.
