trending Market Intelligence /marketintelligence/en/news-insights/trending/GJMSI5a1zUpv211bDrRYAg2 content esgSubNav
In This List

Rizap Group fiscal Q2 profit climbs YOY

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

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Rizap Group fiscal Q2 profit climbs YOY

Rizap Group Inc. said its normalized net income for the fiscal second quarter ended Sept. 30 came to ¥1.28 per share, a gain from 44 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥317.1 million, a gain from ¥109.8 million in the year-earlier period.

The normalized profit margin rose to 3.2% from 2.4% in the year-earlier period.

Total revenue grew year over year to ¥9.93 billion from ¥4.55 billion, and total operating expenses increased on an annual basis to ¥9.39 billion from ¥4.63 billion.

Reported net income fell 90.8% on an annual basis to ¥172.0 million, or 70 sen per share, from ¥1.87 billion, or ¥7.56 per share.

As of Nov. 14, US$1 was equivalent to ¥116.46.