ONLY Corp. said its normalized net income for the fiscal fourth quarter ended Aug. 31 came to a loss of ¥11.15 per share, compared with a loss of ¥4.15 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 ¥53.8 million, compared with a loss of ¥20.0 million in the year-earlier period.
The normalized profit margin declined to negative 3.8% from negative 1.4% in the year-earlier period.
Total revenue fell on an annual basis to ¥1.40 billion from ¥1.43 billion, and total operating expenses climbed year over year to ¥1.51 billion from ¥1.47 billion.
Reported net income totaled a loss of ¥93.0 million, or a loss of ¥19.29 per share, compared to a loss of ¥37.0 million, or a loss of ¥7.67 per share, in the prior-year period.
For the year, the company's normalized net income totaled ¥111.34 per share, a decrease of 14.1% from ¥129.61 per share in the prior year.
Normalized net income was ¥536.9 million, a decrease of 14.1% from ¥625.0 million in the prior year.
Full-year total revenue declined year over year to ¥7.13 billion from ¥7.31 billion, and total operating expenses totaled ¥6.35 billion, compared with ¥6.35 billion in the prior-year period.
The company said reported net income declined 19.0% year over year to ¥465.0 million, or ¥96.43 per share, in the full year, from ¥574.0 million, or ¥119.04 per share.
As of Nov. 26, US$1 was equivalent to ¥122.54.