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Freesia Macross fiscal Q4 profit falls YOY

4984817 said its normalized net income for the fiscal fourth quarter ended March 31 came to 19 Japanese sen per share, a decline of 9.4% from 21 sen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥85.5 million, a decline of 9.4% from ¥94.4 million in the year-earlier period.

The normalized profit margin declined to 2.7% from 3.3% in the year-earlier period.

Total revenue rose 10.6% year over year to ¥3.19 billion from ¥2.89 billion, and total operating expenses totaled ¥3.04 billion, compared with ¥3.01 billion in the year-earlier period.

Reported net income totaled a loss of ¥14.0 million, or a loss of 3 sen per share, compared to income of ¥87.0 million, or 19 sen per share, in the year-earlier period.

For the year, the company's normalized net income totaled 56 sen per share, compared with 56 sen per share in the prior year.

Normalized net income was ¥250.6 million, compared with ¥251.6 million in the prior year.

Full-year total revenue grew 15.2% on an annual basis to ¥12.37 billion from ¥10.73 billion, and total operating expenses increased 11.8% on an annual basis to ¥11.52 billion from ¥10.30 billion.

The company said reported net income declined 58.5% on an annual basis to ¥98.0 million, or 22 sen per share, in the full year, from ¥236.0 million, or 52 sen per share.

s of June 29, US$1 was equivalent to ¥122.67.Freesia Macross Corp.

4984817 said its normalized net income for the fiscal fourth quarter ended March 31 came to 19 Japanese sen per share, a decline of 9.4% from 21 sen per share in the year-earlier period.