Cassina Ixc. Ltd. said its second-quarter normalized net income amounted to ¥20.0 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 0.9%.
Total revenue totaled ¥2.30 billion, and total operating expenses came to ¥2.27 billion.
Reported net income came to a loss of ¥4.0 million, or a loss of ¥1.05 per share.
As of Aug. 7, US$1 was equivalent to ¥124.28.