trending Market Intelligence /marketintelligence/en/news-insights/trending/Fj9RCsAjs1ilGmkQMiV82A2 content esgSubNav
In This List

Nippon Shikizai swings to loss in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Nippon Shikizai swings to loss in fiscal Q1

Nippon Shikizai Inc. said its normalized net income for the fiscal first quarter ended May 31 was a loss of ¥28.98 per share, compared with ¥21.01 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥25.0 million, compared with income of ¥18.1 million in the prior-year period.

The normalized profit margin fell to negative 1.3% from 1.0% in the year-earlier period.

Total revenue rose 6.0% on an annual basis to ¥1.88 billion from ¥1.77 billion, and total operating expenses grew 9.4% from the prior-year period to ¥1.90 billion from ¥1.74 billion.

Reported net income totaled a loss of ¥41.0 million, or a loss of ¥47.53 per share, compared to income of ¥20.0 million, or ¥23.19 per share, in the year-earlier period.

As of July 11, US$1 was equivalent to ¥101.30.