Fujibo Holdings Inc. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥33.27 per share, an increase of 34.7% from ¥24.70 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥388.1 million, an increase of 34.7% from ¥288.1 million in the year-earlier period.

The normalized profit margin rose to 4.0% from 3.0% in the year-earlier period.

Total revenue climbed year over year to ¥9.61 billion from ¥9.47 billion, and total operating expenses totaled ¥9.07 billion, compared with ¥9.00 billion in the prior-year period.

Reported net income fell 78.9% on an annual basis to ¥52.0 million, or ¥4.46 per share, from ¥246.0 million, or ¥21.09 per share.

For the year, the company's normalized net income totaled ¥239.54 per share, an increase of 49.2% from ¥160.54 per share in the prior year.

Normalized net income was ¥2.79 billion, a rise of 49.2% from ¥1.87 billion in the prior year.

Full-year total revenue grew year over year to ¥41.17 billion from ¥39.31 billion, and total operating expenses rose on an annual basis to ¥36.81 billion from ¥36.33 billion.

The company said reported net income rose 34.6% year over year to ¥2.38 billion, or ¥204.19 per share, in the full year, from ¥1.77 billion, or ¥151.72 per share.

As of June 29, US$1 was equivalent to ¥122.67.