trending Market Intelligence /marketintelligence/en/news-insights/trending/gib2wdZo8vLVQLET4MYRKQ2 content esgSubNav
In This List

Kyoto Kimono Yuzen fiscal Q1 profit falls YOY

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Kyoto Kimono Yuzen fiscal Q1 profit falls YOY

Kyoto Kimono Yuzen Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥7.33 per share, a decline of 64.5% from ¥20.66 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥95.6 million, a decline of 68.4% from ¥302.5 million in the year-earlier period.

The normalized profit margin declined to 2.7% from 7.6% in the year-earlier period.

Total revenue fell 12.4% on an annual basis to ¥3.49 billion from ¥3.98 billion, and total operating expenses declined year over year to ¥3.35 billion from ¥3.51 billion.

Reported net income declined 65.9% from the prior-year period to ¥102.0 million, or ¥7.82 per share, from ¥299.0 million, or ¥20.42 per share.

As of Aug. 1, US$1 was equivalent to ¥102.47.