BEAUTY GARAGE Inc. said its normalized net income for the fiscal third quarter ended Jan. 31 was ¥9.27 per share, an increase of 29.8% from ¥7.15 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥56.4 million, a gain of 32.6% from ¥42.5 million in the prior-year period.
The normalized profit margin rose to 3.3% from 2.9% in the year-earlier period.
Total revenue climbed 15.7% on an annual basis to ¥1.70 billion from ¥1.47 billion, and total operating expenses rose 15.3% from the prior-year period to ¥1.62 billion from ¥1.41 billion.
Reported net income increased 32.0% from the prior-year period to ¥51.2 million, or ¥8.42 per share, from ¥38.8 million, or ¥6.43 per share.
As of March 13, US$1 was equivalent to ¥121.18.
