Nikki Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to ¥79.88 per share, an increase from ¥24.27 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥149.8 million, an increase from ¥45.5 million in the year-earlier period.
The normalized profit margin climbed to 5.9% from 2.0% in the year-earlier period.
Total revenue increased 10.9% year over year to ¥2.53 billion from ¥2.28 billion, and total operating expenses totaled ¥2.29 billion, compared with ¥2.27 billion in the prior-year period.
Reported net income rose on an annual basis to ¥179.0 million, or ¥95.48 per share, from ¥45.0 million, or ¥24.00 per share.
As of Aug. 8, US$1 was equivalent to ¥101.85.
