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With us Corp. fiscal Q3 profit falls YOY

With us Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to ¥34.14 per share, a decline of 8.1% from ¥37.14 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥344.8 million, a decrease of 7.8% from ¥373.8 million in the year-earlier period.

The normalized profit margin declined to 9.5% from 10.3% in the year-earlier period.

Total revenue came to ¥3.65 billion, compared with ¥3.64 billion in the prior-year period, and total operating expenses totaled ¥3.07 billion, compared with ¥3.09 billion in the prior-year period.

Reported net income fell 41.0% from the prior-year period to ¥249.8 million, or ¥24.73 per share, from ¥423.0 million, or ¥42.04 per share.

As of Feb. 9, US$1 was equivalent to ¥114.79.