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Ohmoriya posts fiscal Q1 profit

Ohmoriya Co.Ltd. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, was ¥97.5 million.

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

The normalized profit margin was 2.0%.

Total revenue came to ¥4.79 billion, and total operating expenses totaled ¥4.63 billion.

Reported net income came to ¥96.0 million, or ¥18.93 per share.

As of Feb. 12, US$1 was equivalent to ¥112.83.