trending Market Intelligence /marketintelligence/en/news-insights/trending/jt8tpg8N0YEp8H-nVKH8mw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Hard Off fiscal Q1 profit climbs YOY

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


Hard Off fiscal Q1 profit climbs YOY

Hard Off Corp. Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was ¥22.01 per share, an increase from ¥21.55 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥296.9 million, a gain from ¥290.6 million in the prior-year period.

The normalized profit margin declined to 7.4% from 9.1% in the year-earlier period.

Total revenue rose 24.2% year over year to ¥3.99 billion from ¥3.21 billion, and total operating expenses rose 26.8% on an annual basis to ¥3.60 billion from ¥2.84 billion.

Reported net income fell 52.0% year over year to ¥279.0 million, or ¥20.69 per share, from ¥581.0 million, or ¥43.08 per share.

As of Aug. 12, US$1 was equivalent to ¥102.19.