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Y's Table fiscal Q1 profit falls YOY

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Y's Table fiscal Q1 profit falls YOY

Y's Table Corp. said its normalized net income for the fiscal first quarter ended May 31 was ¥19.50 per share, a decline of 8.2% from ¥21.23 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥51.9 million, a decline of 8.2% from ¥56.5 million in the prior-year period.

The normalized profit margin declined to 1.4% from 1.6% in the year-earlier period.

Total revenue climbed on an annual basis to ¥3.62 billion from ¥3.52 billion, and total operating expenses climbed year over year to ¥3.56 billion from ¥3.43 billion.

Reported net income rose 9.4% on an annual basis to ¥35.0 million, or ¥13.15 per share, from ¥32.0 million, or ¥12.03 per share.

As of July 15, US$1 was equivalent to ¥123.95.