trending Market Intelligence /marketintelligence/en/news-insights/trending/hVKswYkbaownNRrviKmdYA2 content esgSubNav
In This List

Suncall fiscal Q4 profit climbs 19.2% YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Suncall fiscal Q4 profit climbs 19.2% YOY

Suncall Corp. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥13.67 per share, a gain of 19.1% from ¥11.48 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥438.1 million, a gain of 19.2% from ¥367.5 million in the prior-year period.

The normalized profit margin rose to 4.7% from 4.3% in the year-earlier period.

Total revenue grew 11.1% year over year to ¥9.41 billion from ¥8.47 billion, and total operating expenses climbed 10.8% on an annual basis to ¥8.71 billion from ¥7.86 billion.

Reported net income decreased 12.3% from the prior-year period to ¥357.3 million, or ¥11.15 per share, from ¥407.3 million, or ¥12.72 per share.

For the year, the company's normalized net income totaled ¥63.23 per share, a fall of 11.6% from ¥71.53 per share in the prior year.

Normalized net income was ¥2.03 billion, a decrease of 11.5% from ¥2.29 billion in the prior year.

Full-year total revenue grew from the prior-year period to ¥35.82 billion from ¥34.28 billion, and total operating expenses rose 6.8% on an annual basis to ¥33.26 billion from ¥31.15 billion.

The company said reported net income decreased 14.2% on an annual basis to ¥2.14 billion, or ¥66.87 per share, in the full year, from ¥2.50 billion, or ¥78.03 per share.

As of June 24, US$1 was equivalent to ¥124.31.