TSI Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, came to ¥12.60 per share, a gain of 61.5% from ¥7.80 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.35 billion, a gain of 60.9% from ¥842.0 million in the prior-year period.
The normalized profit margin climbed to 2.9% from 1.8% in the year-earlier period.
Total revenue totaled ¥46.05 billion, compared with ¥46.31 billion in the prior-year period, and total operating expenses declined year over year to ¥44.29 billion from ¥44.97 billion.
Reported net income fell 65.2% from the prior-year period to ¥1.21 billion, or ¥11.27 per share, from ¥3.48 billion, or ¥32.22 per share.
As of Jan. 14, US$1 was equivalent to ¥116.84.
