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Fujibo Holdings fiscal Q3 profit climbs 32.7% YOY

Fujibo Holdings Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥75.38 per share, an increase of 32.7% from ¥56.80 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥879.4 million, a gain of 32.7% from ¥662.6 million in the prior-year period.

The normalized profit margin rose to 8.2% from 6.2% in the year-earlier period.

Total revenue totaled ¥10.69 billion, compared with ¥10.75 billion in the year-earlier period, and total operating expenses fell from the prior-year period to ¥9.32 billion from ¥9.69 billion.

Reported net income increased 25.8% on an annual basis to ¥897.0 million, or ¥76.89 per share, from ¥713.0 million, or ¥61.12 per share.

As of Feb. 12, US$1 was equivalent to ¥118.90.