Central Sports Co. said its normalized net income for the fiscal second quarter ended Sept. 30 was ¥38.10 per share, a gain of 49.4% from ¥25.51 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥436.9 million, a gain of 49.4% from ¥292.5 million in the year-earlier period.
The normalized profit margin climbed to 3.4% from 2.5% in the year-earlier period.
Total revenue grew 11.0% on an annual basis to ¥12.92 billion from ¥11.64 billion, and total operating expenses climbed 9.5% from the prior-year period to ¥12.12 billion from ¥11.07 billion.
Reported net income increased 31.9% from the prior-year period to ¥339.0 million, or ¥29.57 per share, from ¥257.0 million, or ¥22.41 per share.
As of Nov. 14, US$1 was equivalent to ¥116.46.
