Artgreen Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Oct. 31 was ¥625,000.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 0.2%.
Total revenue came to ¥410.0 million, and total operating expenses came to ¥408.0 million.
Reported net income came to ¥11.0 million, or ¥12.36 per share.
For the year, the company's normalized net income totaled ¥40.03 per share, a gain of 23.9% from ¥32.30 per share in the prior year.
Normalized net income was ¥35.6 million, an increase of 23.9% from ¥28.8 million in the prior year.
Full-year total revenue increased 19.7% from the prior-year period to ¥1.69 billion from ¥1.41 billion, and total operating expenses increased 19.6% on an annual basis to ¥1.63 billion from ¥1.36 billion.
The company said reported net income rose 50.0% year over year to ¥45.0 million, or ¥50.56 per share, in the full year, from ¥30.0 million, or ¥33.71 per share.
As of Nov. 16, US$1 was equivalent to ¥123.10.