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JC Comsa fiscal Q3 profit falls YOY

JC Comsa Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥22.93 per share, a decline of 13.2% from ¥26.43 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥188.1 million, a decrease of 13.3% from ¥216.9 million in the prior-year period.

The normalized profit margin fell to 4.0% from 4.6% in the year-earlier period.

Total revenue totaled ¥4.75 billion, compared with ¥4.76 billion in the prior-year period, and total operating expenses came to ¥4.42 billion, compared with ¥4.42 billion in the year-earlier period.

Reported net income decreased 6.6% from the prior-year period to ¥169.0 million, or ¥20.60 per share, from ¥181.0 million, or ¥22.05 per share.

As of Feb. 9, US$1 was equivalent to ¥118.60.