trending Market Intelligence /marketintelligence/en/news-insights/trending/HJCWVcbhwCsSkYROnsEvQA2 content esgSubNav
In This List

Japan Wool Textile fiscal Q1 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

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Japan Wool Textile fiscal Q1 profit climbs YOY

Japan Wool Textile Co. Ltd. said its normalized net income for the fiscal first quarter ended Feb. 28 came to ¥9.12 per share, an increase of 5.0% from ¥8.69 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥691.1 million, an increase of 5.0% from ¥658.3 million in the year-earlier period.

The normalized profit margin declined to 2.9% from 2.9% in the year-earlier period.

Total revenue increased 5.1% year over year to ¥23.58 billion from ¥22.45 billion, and total operating expenses grew 5.1% from the prior-year period to ¥22.49 billion from ¥21.41 billion.

Reported net income rose 18.8% on an annual basis to ¥727.0 million, or ¥9.60 per share, from ¥612.0 million, or ¥8.08 per share.

As of April 14, US$1 was equivalent to ¥119.09.