Japan Best Rescue System Co. Ltd. said its normalized net income for the fiscal first quarter ended Dec. 31, 2014, came to a loss of 45 Japanese sen per share, compared with a loss of ¥4.64 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥15.4 million, compared with a loss of ¥142.5 million in the year-earlier period.
The normalized profit margin rose to negative 0.6% from negative 5.6% in the year-earlier period.
Total revenue climbed 8.9% on an annual basis to ¥2.77 billion from ¥2.54 billion, and total operating expenses rose from the prior-year period to ¥2.80 billion from ¥2.76 billion.
Reported net income came to a loss of ¥83.0 million, or a loss of ¥2.42 per share, compared to income of ¥7.0 million, or a loss of ¥7.65 per share, in the year-earlier period.
As of Feb. 13, US$1 was equivalent to ¥118.68.
