Sankyo Seiko Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥21.76 per share, compared with ¥21.70 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥984.8 million, compared with ¥982.4 million in the prior-year period.
The normalized profit margin increased to 9.2% from 8.7% in the year-earlier period.
Total revenue decreased year over year to ¥10.68 billion from ¥11.23 billion, and total operating expenses declined year over year to ¥9.28 billion from ¥9.76 billion.
Reported net income grew 6.7% year over year to ¥1.20 billion, or ¥26.56 per share, from ¥1.13 billion, or ¥24.90 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
