Nakamuraya Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥67.76 per share, a gain from ¥65.66 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥400.6 million, an increase from ¥387.5 million in the year-earlier period.

The normalized profit margin rose to 3.4% from 3.3% in the year-earlier period.

Total revenue rose on an annual basis to ¥11.87 billion from ¥11.75 billion, and total operating expenses rose year over year to ¥11.28 billion from ¥11.16 billion.

Reported net income decreased 30.7% from the prior-year period to ¥224.0 million, or ¥37.89 per share, from ¥323.0 million, or ¥54.73 per share.

For the year, the company's normalized net income totaled ¥98.90 per share, a gain of 73.1% from ¥57.12 per share in the prior year.

Normalized net income was ¥584.4 million, an increase of 73.5% from ¥336.9 million in the prior year.

Full-year total revenue totaled ¥41.59 billion, compared with ¥41.57 billion in the prior year, and total operating expenses came to ¥40.82 billion, compared with ¥41.11 billion in the prior-year period.

The company said reported net income rose year over year to ¥440.0 million, or ¥74.47 per share, in the full year, from ¥164.0 million, or ¥27.81 per share.

As of June 30, US$1 was equivalent to ¥122.43.