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Nikki fiscal Q2 profit climbs YOY

4251873 said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥85.22 per share, an increase from ¥42.40 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥159.8 million, an increase from ¥79.5 million in the year-earlier period.

The normalized profit margin climbed to 6.4% from 3.1% in the year-earlier period.

Total revenue declined year over year to ¥2.48 billion from ¥2.52 billion, and total operating expenses declined from the prior-year period to ¥2.33 billion from ¥2.38 billion.

Reported net income grew 52.6% year over year to ¥148.0 million, or ¥78.95 per share, from ¥97.0 million, or ¥51.74 per share.

As of Nov. 14, US$1 was equivalent to ¥116.46.Nikki Co. Ltd. 4251873 said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥85.22 per share, an increase from ¥42.40 per share in the year-earlier period.