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Y's Table fiscal Q4 profit climbs 54.0% YOY

Y's Table Corp. said its normalized net income for the fiscal fourth quarter ended Feb. 29 was ¥41.53 per share, a gain of 54.0% from ¥26.96 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥110.5 million, an increase of 54.0% from ¥71.8 million in the year-earlier period.

The normalized profit margin increased to 2.8% from 1.9% in the year-earlier period.

Total revenue climbed 6.9% on an annual basis to ¥4.00 billion from ¥3.74 billion, and total operating expenses grew 5.1% on an annual basis to ¥3.84 billion from ¥3.65 billion.

Reported net income grew year over year to ¥207.0 million, or ¥77.80 per share, from ¥14.0 million, or ¥5.26 per share.

For the year, the company's normalized net income totaled ¥58.16 per share, a decline from ¥60.79 per share in the prior year.

Normalized net income was ¥154.8 million, a decline from ¥161.8 million in the prior year.

Full-year total revenue rose on an annual basis to ¥15.01 billion from ¥14.31 billion, and total operating expenses increased year over year to ¥14.82 billion from ¥14.15 billion.

The company said reported net income increased on an annual basis to ¥114.0 million, or ¥42.84 per share, in the full year, from ¥42.0 million, or ¥15.78 per share.

As of May 27, US$1 was equivalent to ¥109.87.