4327442 said its normalized net income for the fiscal first quarter ended May 31 was ¥21.36 per share, a decrease of 5.8% from ¥22.68 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥521.3 million, a decline of 5.7% from ¥552.5 million in the prior-year period.

The normalized profit margin fell to 2.5% from 2.7% in the year-earlier period.

Total revenue totaled ¥20.98 billion, compared with ¥20.85 billion in the prior-year period, and total operating expenses came to ¥20.17 billion, compared with ¥19.98 billion in the year-earlier period.

eported net income fell 6.2% on an annual b Retail Partners Co. Ltd..