Ebara Foods said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥70.03 per share, a decline of 10.3% from ¥78.06 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥653.8 million, a decrease of 8.4% from ¥713.8 million in the year-earlier period.
The normalized profit margin dropped to 4.5% from 4.9% in the year-earlier period.
Total revenue climbed year over year to ¥14.61 billion from ¥14.44 billion, and total operating expenses rose year over year to ¥13.55 billion from ¥13.27 billion.
Reported net income fell year over year to ¥631.0 million, or ¥67.59 per share, from ¥654.0 million, or ¥71.52 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
