Yondoshi Holdings Inc. said its normalized net income for the fiscal fourth quarter ended Feb. 28 amounted to ¥55.61 per share, an increase of 16.1% from ¥47.90 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.48 billion, an increase of 12.6% from ¥1.31 billion in the prior-year period.
The normalized profit margin climbed to 10.0% from 9.0% in the year-earlier period.
Total revenue rose year over year to ¥14.82 billion from ¥14.54 billion, and total operating expenses came to ¥12.65 billion, compared with ¥12.63 billion in the year-earlier period.
Reported net income increased 14.8% from the prior-year period to ¥1.35 billion, or ¥49.43 per share, from ¥1.18 billion, or ¥42.48 per share.
For the year, the company's normalized net income totaled ¥143.06 per share, a gain of 11.1% from ¥128.73 per share in the prior year.
Normalized net income was ¥3.87 billion, a gain of 9.6% from ¥3.53 billion in the prior year.
Full-year total revenue grew from the prior-year period to ¥50.73 billion from ¥49.00 billion, and total operating expenses increased on an annual basis to ¥45.26 billion from ¥44.10 billion.
The company said reported net income rose 14.4% on an annual basis to ¥3.64 billion, or ¥133.86 per share, in the full year, from ¥3.18 billion, or ¥116.24 per share.
As of May 22, US$1 was equivalent to ¥121.48.