Nihon Chouzai Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥78.63 per share, a gain of 45.2% from ¥54.16 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.11 billion, an increase of 41.8% from ¥785.3 million in the year-earlier period.
The normalized profit margin increased to 2.4% from 1.8% in the year-earlier period.
Total revenue climbed 9.4% year over year to ¥46.97 billion from ¥42.94 billion, and total operating expenses rose 8.0% year over year to ¥44.98 billion from ¥41.63 billion.
Reported net income grew 59.8% year over year to ¥1.09 billion, or ¥76.81 per share, from ¥681.0 million, or ¥46.97 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
