Y's Table Corp. said its normalized net income for the fiscal second quarter ended Aug. 31 amounted to a loss of ¥2.91 per share, compared with ¥11.74 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥7.8 million, compared with income of ¥31.3 million in the prior-year period.
The normalized profit margin declined to negative 0.2% from 0.9% in the year-earlier period.
Total revenue grew 5.4% year over year to ¥3.50 billion from ¥3.32 billion, and total operating expenses increased 7.8% from the prior-year period to ¥3.54 billion from ¥3.28 billion.
Reported net income came to a loss of ¥34.0 million, or a loss of ¥12.78 per share, compared to income of ¥53.0 million, or ¥19.92 per share, in the prior-year period.
As of Oct. 15, US$1 was equivalent to ¥106.21.
