Aisan Industry Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥32.24 per share, a gain of 70.9% from ¥18.86 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.00 billion, an increase of 89.1% from ¥1.06 billion in the year-earlier period.
The normalized profit margin increased to 3.7% from 2.3% in the year-earlier period.
Total revenue increased 14.6% year over year to ¥53.61 billion from ¥46.78 billion, and total operating expenses grew 13.1% from the prior-year period to ¥50.74 billion from ¥44.87 billion.
Reported net income rose on an annual basis to ¥2.39 billion, or ¥38.65 per share, from ¥723.9 million, or ¥12.94 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
