trending Market Intelligence /marketintelligence/en/news-insights/trending/hL5l0C7Nb1POdNDSkIoG-g2 content esgSubNav
In This List

Soiken Holdings fiscal Q3 profit falls YOY


Baird Research is Now Exclusively Available in S&P Global’s Aftermarket Research Collection


Japan M&A By the Numbers: Q4 2023


Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity

Soiken Holdings fiscal Q3 profit falls YOY

Soiken Holdings Inc. said its normalized net income for the fiscal third quarter ended March 31 came to ¥1.65 per share, a decline of 22.3% from ¥2.12 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥43.1 million, a decline of 23.0% from ¥56.0 million in the year-earlier period.

The normalized profit margin declined to 7.2% from 9.2% in the year-earlier period.

Total revenue fell year over year to ¥597.0 million from ¥607.0 million, and total operating expenses rose from the prior-year period to ¥541.0 million from ¥522.0 million.

Reported net income decreased 18.8% from the prior-year period to ¥63.0 million, or ¥2.41 per share, from ¥77.5 million, or ¥2.94 per share.

As of May 14, US$1 was equivalent to ¥119.24.