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

Atsugi fiscal Q1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


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.