trending Market Intelligence /marketintelligence/en/news-insights/trending/NaDl4Z6IRCFL8e9EGjbIbA2 content esgSubNav
In This List

Tokatsu Holdings fiscal Q2 profit falls YOY

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains

Blog

Insight Weekly: M&A slows down; climate tops proxy season; private equity pours into blockchain


Tokatsu Holdings fiscal Q2 profit falls YOY

Tokatsu Holdings Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥15.18 per share, a decrease of 9.4% from ¥16.77 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥75.0 million, a decrease of 9.1% from ¥82.5 million in the year-earlier period.

The normalized profit margin declined to 4.1% from 4.2% in the year-earlier period.

Total revenue fell 5.2% year over year to ¥1.85 billion from ¥1.95 billion, and total operating expenses fell on an annual basis to ¥1.73 billion from ¥1.81 billion.

Reported net income decreased 6.6% year over year to ¥76.0 million, or ¥15.39 per share, from ¥81.4 million, or ¥16.54 per share.

As of Nov. 12, US$1 was equivalent to ¥122.92.