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Sanrio fiscal Q1 profit climbs YOY

4916034 said its normalized net income for the fiscal first quarter ended June 30 came to ¥30.38 per share, an increase from ¥29.23 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.67 billion, a gain from ¥2.58 billion in the prior-year period.

The normalized profit margin dropped to 14.8% from 14.9% in the year-earlier period.

Total revenue increased year over year to ¥17.99 billion from ¥17.24 billion, and total operating expenses increased 9.1% on an annual basis to ¥13.68 billion from ¥12.54 billion.

eported net income grew 6.4% on an annual b Sanrio Co. Ltd.