Yondoshi Holdings Inc. said its normalized net income for the fiscal second quarter ended Aug. 31 came to ¥16.05 per share, a decrease of 28.5% from ¥22.45 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥440.0 million, a decline of 28.6% from ¥616.3 million in the year-earlier period.
The normalized profit margin dropped to 3.9% from 5.6% in the year-earlier period.
Total revenue came to ¥11.14 billion, compared with ¥11.04 billion in the year-earlier period, and total operating expenses grew from the prior-year period to ¥10.44 billion from ¥10.23 billion.
Reported net income fell 25.2% year over year to ¥357.7 million, or ¥13.05 per share, from ¥477.9 million, or ¥17.41 per share.
As of Oct. 15, US$1 was equivalent to ¥106.21.
