trending Market Intelligence /marketintelligence/en/news-insights/trending/eff809_d1nUpNHhK2RNoLA2 content esgSubNav
In This List

Arcs Co. fiscal Q1 profit climbs 6.7% YOY

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Arcs Co. fiscal Q1 profit climbs 6.7% YOY

Arcs Co. Ltd. said its normalized net income for the fiscal first quarter ended May 31 amounted to ¥40.13 per share, a gain of 6.7% from ¥37.60 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.21 billion, a gain of 6.7% from ¥2.07 billion in the prior-year period.

The normalized profit margin increased to 2.0% from 1.9% in the year-earlier period.

Total revenue totaled ¥112.52 billion, compared with ¥111.51 billion in the year-earlier period, and total operating expenses totaled ¥109.42 billion, compared with ¥108.52 billion in the year-earlier period.

Reported net income rose 13.3% year over year to ¥1.90 billion, or ¥34.46 per share, from ¥1.67 billion, or ¥30.42 per share.

As of July 15, US$1 was equivalent to ¥101.70.