trending Market Intelligence /marketintelligence/en/news-insights/trending/g02YhccsqOe1oh397bKtRA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ezaki Glico swings to profit in fiscal Q4

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 1: Origins of 451 Research - Part 1


Ezaki Glico swings to profit in fiscal Q4

Ezaki Glico Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥14.50 per share, compared with a loss of ¥14.10 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥950.8 million, compared with a loss of ¥923.5 million in the year-earlier period.

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

Total revenue increased 8.7% year over year to ¥75.20 billion from ¥69.20 billion, and total operating expenses grew 5.3% on an annual basis to ¥73.70 billion from ¥69.98 billion.

Reported net income rose 56.7% on an annual basis to ¥2.12 billion, or ¥32.30 per share, from ¥1.35 billion, or ¥20.64 per share.

For the year, the company's normalized net income totaled ¥156.26 per share, an increase of 28.3% from ¥121.77 per share in the prior year.

Normalized net income was ¥10.24 billion, an increase of 35.9% from ¥7.54 billion in the prior year.

Full-year total revenue increased year over year to ¥319.39 billion from ¥315.40 billion, and total operating expenses totaled ¥305.26 billion, compared with ¥303.90 billion in the prior-year period.

The company said reported net income grew 91.0% on an annual basis to ¥21.07 billion, or ¥321.35 per share, in the full year, from ¥11.03 billion, or ¥178.17 per share.

As of June 25, US$1 was equivalent to ¥123.71.