SAN-A CO.LTD. said its normalized net income for the fiscal fourth quarter ended Feb. 29 came to ¥73.17 per share, a gain of 13.0% from ¥64.77 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.34 billion, an increase of 13.0% from ¥2.07 billion in the year-earlier period.
The normalized profit margin rose to 5.2% from 4.9% in the year-earlier period.
Total revenue increased 6.8% year over year to ¥45.10 billion from ¥42.22 billion, and total operating expenses climbed 6.1% year over year to ¥41.19 billion from ¥38.82 billion.
Reported net income grew 25.1% on an annual basis to ¥2.56 billion, or ¥80.12 per share, from ¥2.05 billion, or ¥64.04 per share.
For the year, the company's normalized net income totaled ¥267.02 per share, a gain of 8.9% from ¥245.15 per share in the prior year.
Normalized net income was ¥8.53 billion, an increase of 8.9% from ¥7.84 billion in the prior year.
Full-year total revenue increased 5.6% year over year to ¥173.82 billion from ¥164.55 billion, and total operating expenses grew 5.3% on an annual basis to ¥159.70 billion from ¥151.70 billion.
The company said reported net income rose 15.9% year over year to ¥8.77 billion, or ¥274.47 per share, in the full year, from ¥7.57 billion, or ¥236.90 per share.
As of May 27, US$1 was equivalent to ¥109.87.