AEON Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, was ¥3.41 per share, a decrease of 57.9% from ¥8.11 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.86 billion, a decrease of 57.3% from ¥6.70 billion in the prior-year period.
The normalized profit margin dropped to 0.2% from 0.4% in the year-earlier period.
Total revenue totaled ¥1.645 trillion, compared with ¥1.639 trillion in the prior-year period, and total operating expenses grew year over year to ¥1.639 trillion from ¥1.618 trillion.
Reported net income totaled ¥27.33 billion, or ¥32.60 per share, compared to a loss of ¥8.02 billion, or a loss of ¥9.57 per share, in the prior-year period.
As of Jan. 13, US$1 was equivalent to ¥118.49.
