trending Market Intelligence /marketintelligence/en/news-insights/trending/nAacxhiDIXnnv5CwZGMFhQ2 content esgSubNav
In This List

Nichimo fiscal Q4 loss narrows YOY

Podcast

Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire

Blog

The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Blog

A Sustainability Framework for Customer and Supplier Credit Risk Management

Video

Lithium Import


Nichimo fiscal Q4 loss narrows YOY

Nichimo Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was a loss of ¥89.33 per share, compared with a loss of ¥97.68 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥304.3 million, compared with a loss of ¥332.8 million in the year-earlier period.

The normalized profit margin climbed to negative 1.4% from negative 1.5% in the year-earlier period.

Total revenue fell on an annual basis to ¥21.57 billion from ¥22.39 billion, and total operating expenses fell year over year to ¥21.91 billion from ¥22.74 billion.

Reported net income came to a loss of ¥347.2 million, or a loss of ¥101.88 per share, compared to a loss of ¥500.0 million, or a loss of ¥146.78 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥106.98 per share, an increase from ¥18.97 per share in the prior year.

Normalized net income was ¥369.9 million, a rise from ¥64.6 million in the prior year.

Full-year total revenue grew year over year to ¥108.69 billion from ¥103.62 billion, and total operating expenses increased on an annual basis to ¥107.84 billion from ¥103.39 billion.

The company said reported net income came to ¥239.3 million, or ¥69.20 per share, in the full year, compared with a loss of ¥197.0 million, or a loss of ¥57.83 per share, the prior year.

As of June 26, US$1 was equivalent to ¥123.96.