Japan Publications Trading Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥4.48 per share, a decline of 80.0% from ¥22.40 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥3.1 million, a decline of 80.0% from ¥15.6 million in the prior-year period.
The normalized profit margin fell to 0.2% from 0.8% in the year-earlier period.
Total revenue declined 13.5% year over year to ¥1.65 billion from ¥1.91 billion, and total operating expenses fell 11.4% year over year to ¥1.66 billion from ¥1.87 billion.
Reported net income declined 85.2% from the prior-year period to ¥4.0 million, or ¥5.73 per share, from ¥27.0 million, or ¥38.70 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
