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Ohmoriya posts fiscal Q2 loss

Ohmoriya Co.Ltd. said its normalized net income for the fiscal second quarter ended March 31 amounted to a loss of ¥77.5 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 2.1%.

Total revenue came to ¥3.71 billion, and total operating expenses came to ¥3.83 billion.

Reported net income totaled a loss of ¥95.0 million, or a loss of ¥18.73 per share.

As of May 13, US$1 was equivalent to ¥109.14.