trending Market Intelligence /marketintelligence/en/news-insights/trending/MvgjEbi-A8NsaloOhmDvIg2 content esgSubNav
In This List

Yomiuri Land fiscal Q4 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Yomiuri Land fiscal Q4 profit climbs YOY

Yomiuri Land Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥58.05 per share, an increase from ¥12.29 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥448.8 million, a gain from ¥95.6 million in the year-earlier period.

The normalized profit margin climbed to 10.4% from 2.6% in the year-earlier period.

Total revenue rose 18.8% on an annual basis to ¥4.33 billion from ¥3.64 billion, and total operating expenses increased from the prior-year period to ¥3.75 billion from ¥3.65 billion.

Reported net income grew on an annual basis to ¥291.0 million, or ¥37.65 per share, from ¥43.0 million, or ¥5.53 per share.

For the year, the company's normalized net income totaled ¥249.46 per share, a decrease from ¥257.25 per share in the prior year.

Normalized net income was ¥1.93 billion, a decline from ¥2.00 billion in the prior year.

Full-year total revenue grew from the prior-year period to ¥17.30 billion from ¥16.77 billion, and total operating expenses increased on an annual basis to ¥15.02 billion from ¥14.32 billion.

The company said reported net income decreased 8.8% on an annual basis to ¥1.77 billion, or ¥228.65 per share, in the full year, from ¥1.94 billion, or ¥249.38 per share.

As of June 18, US$1 was equivalent to ¥122.95.