trending Market Intelligence /marketintelligence/en/news-insights/trending/kBUlWNb8udgcpiT6az0lAw2 content esgSubNav
In This List

Atsugi fiscal Q1 profit falls YOY

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Does Disney+ Hotstar minus IPL equal trouble for the streaming giant?

Blog

Broadband revenues continue to grow in CEE

Blog

SVOD players open to hybrid models; Netflix and Disney to add ad-supported plans


Atsugi fiscal Q1 profit falls YOY

Atsugi Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was 84 Japanese sen per share, a decline of 89.8% from ¥8.31 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥14.3 million, a decrease of 89.8% from ¥140.4 million in the year-earlier period.

The normalized profit margin dropped to 0.3% from 2.6% in the year-earlier period.

Total revenue rose on an annual basis to ¥5.62 billion from ¥5.42 billion, and total operating expenses increased 6.2% from the prior-year period to ¥5.72 billion from ¥5.39 billion.

Reported net income fell 77.6% year over year to ¥30.0 million, or ¥1.78 per share, from ¥134.0 million, or ¥7.94 per share.

As of Aug. 1, US$1 was equivalent to ¥102.47.