trending Market Intelligence /marketintelligence/en/news-insights/trending/KkZ005UNwKTuO_vBo4zVow2 content esgSubNav
In This List

Tokyotokeiba Q1 profit climbs 9.2% YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Tokyotokeiba Q1 profit climbs 9.2% YOY

Tokyotokeiba Co. Ltd. said its first-quarter normalized net income was ¥14.85 per share, a gain of 9.2% from ¥13.60 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥424.4 million, a gain of 9.2% from ¥388.8 million in the year-earlier period.

The normalized profit margin climbed to 10.5% from 10.5% in the year-earlier period.

Total revenue climbed 9.0% on an annual basis to ¥4.03 billion from ¥3.69 billion, and total operating expenses rose 9.2% from the prior-year period to ¥3.34 billion from ¥3.06 billion.

Reported net income grew 26.8% from the prior-year period to ¥450.0 million, or ¥15.75 per share, from ¥355.0 million, or ¥12.42 per share.

As of May 11, US$1 was equivalent to ¥108.60.