MARUJUN Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was a loss of ¥41.64 per share, compared with a loss of ¥39.06 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥365.0 million, compared with a loss of ¥342.9 million in the prior-year period.

The normalized profit margin fell to negative 2.2% from negative 1.9% in the year-earlier period.

Total revenue fell 7.1% on an annual basis to ¥16.75 billion from ¥18.03 billion, and total operating expenses fell year over year to ¥17.35 billion from ¥18.13 billion.

Reported net income totaled a loss of ¥990.0 million, or a loss of ¥112.94 per share, compared to income of ¥142.0 million, or ¥16.18 per share, in the year-earlier period.

For the year, the company's normalized net income totaled a loss of ¥161.45 per share, compared with a loss of ¥20.91 per share in the prior year.

Normalized net income was a loss of ¥1.42 billion, compared with a loss of ¥198.4 million in the prior year.

Full-year total revenue fell on an annual basis to ¥63.72 billion from ¥66.02 billion, and total operating expenses grew year over year to ¥66.04 billion from ¥65.35 billion.

The company said reported net income came to a loss of ¥3.38 billion, or a loss of ¥385.69 per share, in the full year, compared with income of ¥959.0 million, or ¥101.06 per share, the prior year.

As of June 26, US$1 was equivalent to ¥123.96.