trending Market Intelligence /marketintelligence/en/news-insights/trending/MVZCPvh1ZLoF-OK80jnlRg2 content esgSubNav
In This List

Kewpie fiscal Q2 profit climbs YOY

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries

Podcast

Next in Tech | Episode 168: AI Data Strategies

Podcast

Street Talk | Episode 126: Hunting the bears, making the bull case for CRE

Blog

Investment Banking Essentials May 15


Kewpie fiscal Q2 profit climbs YOY

Kewpie Corp. said its normalized net income for the fiscal second quarter ended May 31 amounted to ¥28.99 per share, compared with ¥28.82 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥4.40 billion, an increase from ¥4.31 billion in the prior-year period.

The normalized profit margin dropped to 3.0% from 3.0% in the year-earlier period.

Total revenue rose on an annual basis to ¥147.32 billion from ¥141.50 billion, and total operating expenses grew on an annual basis to ¥139.38 billion from ¥133.96 billion.

Reported net income increased 13.8% on an annual basis to ¥4.69 billion, or ¥30.89 per share, from ¥4.12 billion, or ¥27.53 per share.

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