Tokyo Electron Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥125.79 per share, a gain of 36.6% from ¥92.06 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥22.60 billion, an increase of 36.5% from ¥16.56 billion in the year-earlier period.
The normalized profit margin was 12.4%.
Total revenue fell 17.1% on an annual basis to ¥181.83 billion from ¥219.27 billion, and total operating expenses declined 24.9% from the prior-year period to ¥145.91 billion from ¥194.31 billion.
Reported net income grew 112.3% from the prior-year period to ¥34.42 billion, or ¥191.59 per share, from ¥16.21 billion, or ¥90.15 per share.
For the year, the company's normalized net income totaled ¥323.14 per share, compared to EPS of ¥123.38 in the prior year.
Normalized net income was ¥58.05 billion, a gain of 162.3% from ¥22.13 billion in the prior year.
Full-year total revenue amounted to ¥613.12 billion, compared with ¥612.17 billion in the prior year, and total operating expenses declined on an annual basis to ¥525.01 billion from ¥579.96 billion.
The company said reported net income came to ¥71.89 billion, or ¥400.15 per share, in the full year, compared with a loss of ¥19.41 billion, or a loss of ¥108.21 per share, the prior year.
As of June 19, US$1 was equivalent to ¥122.78.