Delica Foods Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥13.60 per share, a decrease from ¥13.94 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥94.4 million, an increase of 11.0% from ¥85.0 million in the prior-year period.
The normalized profit margin rose to 1.3% from 1.3% in the year-earlier period.
Total revenue increased year over year to ¥7.00 billion from ¥6.76 billion, and total operating expenses rose from the prior-year period to ¥6.85 billion from ¥6.63 billion.
Reported net income increased 39.8% on an annual basis to ¥96.7 million, or ¥13.93 per share, from ¥69.2 million, or ¥11.34 per share.
For the year, the company's normalized net income totaled ¥74.64 per share, an increase of 46.4% from ¥50.98 per share in the prior year.
Normalized net income was ¥472.5 million, an increase of 53.0% from ¥308.8 million in the prior year.
Full-year total revenue rose 5.3% year over year to ¥28.04 billion from ¥26.62 billion, and total operating expenses increased on an annual basis to ¥27.30 billion from ¥26.12 billion.
The company said reported net income rose 77.2% year over year to ¥489.1 million, or ¥77.26 per share, in the full year, from ¥276.0 million, or ¥45.57 per share.
As of June 24, US$1 was equivalent to ¥124.31.