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Fuji Oozx fiscal Q3 profit climbs 27.7% YOY

Fuji Oozx Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥145.83 per share, a gain of 27.7% from ¥114.19 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥299.6 million, a gain of 27.7% from ¥234.6 million in the prior-year period.

The normalized profit margin rose to 6.9% from 5.8% in the year-earlier period.

Total revenue rose 8.6% year over year to ¥4.36 billion from ¥4.02 billion, and total operating expenses grew 9.6% year over year to ¥4.07 billion from ¥3.71 billion.

Reported net income decreased 5.3% from the prior-year period to ¥268.0 million, or ¥130.44 per share, from ¥283.0 million, or ¥137.73 per share.

As of Feb. 9, US$1 was equivalent to ¥118.60.