trending Market Intelligence /marketintelligence/en/news-insights/trending/kidkj8Lv8KJYbNOIRkx92w2 content esgSubNav
In This List

Nitori Holdings fiscal Q1 profit climbs 20.8% YOY

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

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


Nitori Holdings fiscal Q1 profit climbs 20.8% YOY

Nitori Holdings Co. said its normalized net income for the fiscal first quarter ended May 20 was ¥126.34 per share, a gain of 20.2% from ¥105.09 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥13.93 billion, a gain of 20.8% from ¥11.53 billion in the year-earlier period.

The normalized profit margin increased to 11.9% from 11.4% in the year-earlier period.

Total revenue grew 15.9% on an annual basis to ¥117.26 billion from ¥101.14 billion, and total operating expenses increased 15.8% on an annual basis to ¥95.28 billion from ¥82.28 billion.

Reported net income increased 20.5% from the prior-year period to ¥12.00 billion, or ¥108.82 per share, from ¥9.96 billion, or ¥90.72 per share.

As of July 3, US$1 was equivalent to ¥102.19.