FJ Next Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥28.31 per share, a decline of 20.4% from ¥35.56 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥961.9 million, a decline of 19.6% from ¥1.20 billion in the year-earlier period.
The normalized profit margin fell to 9.7% from 11.2% in the year-earlier period.
Total revenue decreased 7.3% on an annual basis to ¥9.90 billion from ¥10.68 billion, and total operating expenses fell year over year to ¥8.36 billion from ¥8.75 billion.
Reported net income fell 13.2% on an annual basis to ¥979.0 million, or ¥28.82 per share, from ¥1.13 billion, or ¥33.52 per share.
As of Feb. 9, US$1 was equivalent to ¥118.60.
