Takachiho Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to a loss of ¥2.00 per share, compared with a loss of ¥26.97 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥1.3 million, compared with a loss of ¥16.9 million in the year-earlier period.
The normalized profit margin increased to negative 0.0% from negative 0.6% in the year-earlier period.
Total revenue fell on an annual basis to ¥2.79 billion from ¥2.89 billion, and total operating expenses fell from the prior-year period to ¥2.79 billion from ¥2.91 billion.
Reported net income totaled a loss of ¥28.0 million, or a loss of ¥44.74 per share, compared to a loss of ¥23.0 million, or a loss of ¥36.75 per share, in the prior-year period.
As of Feb. 13, US$1 was equivalent to ¥118.68.
