VOYAGE GROUP Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, amounted to ¥30.16 per share, compared with ¥30.37 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥374.8 million, a decline from ¥379.9 million in the year-earlier period.
The normalized profit margin declined to 7.5% from 8.9% in the year-earlier period.
Total revenue rose 16.7% year over year to ¥4.99 billion from ¥4.27 billion, and total operating expenses grew 18.2% on an annual basis to ¥4.39 billion from ¥3.71 billion.
Reported net income increased 5.2% from the prior-year period to ¥394.8 million, or ¥31.77 per share, from ¥375.1 million, or ¥29.99 per share.
As of Feb. 12, US$1 was equivalent to ¥112.83.
