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Dairei posts fiscal Q3 profit

Dairei Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥237.5 million.

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

The normalized profit margin was 3.2%.

Total revenue came to ¥7.35 billion, and total operating expenses totaled ¥6.96 billion.

Reported net income totaled ¥250.0 million, or ¥46.17 per share.

As of Feb. 10, US$1 was equivalent to ¥119.28.