Create SD Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended May 31 amounted to ¥35.57 per share, a gain of 8.0% from ¥32.93 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.25 billion, an increase of 8.0% from ¥2.08 billion in the prior-year period.
The normalized profit margin increased to 3.7% from 3.7% in the year-earlier period.
Total revenue climbed 6.9% year over year to ¥60.48 billion from ¥56.59 billion, and total operating expenses climbed 6.8% on an annual basis to ¥56.96 billion from ¥53.31 billion.
Reported net income grew 25.4% year over year to ¥2.33 billion, or ¥36.90 per share, from ¥1.86 billion, or ¥29.44 per share.
For the year, the company's normalized net income totaled ¥141.50 per share, an increase of 33.2% from ¥106.23 per share in the prior year.
Normalized net income was ¥8.95 billion, a gain of 30.3% from ¥6.86 billion in the prior year.
Full-year total revenue increased 8.4% year over year to ¥231.89 billion from ¥213.92 billion, and total operating expenses grew 7.2% on an annual basis to ¥217.90 billion from ¥203.27 billion.
The company said reported net income increased 41.4% year over year to ¥9.27 billion, or ¥146.70 per share, in the full year, from ¥6.56 billion, or ¥101.55 per share.
As of Aug. 29, US$1 was equivalent to ¥102.13.