trending Market Intelligence /marketintelligence/en/news-insights/trending/NAG3o7TXCh0on7cCLhaG-w2 content esgSubNav
In This List

Shingakukai fiscal Q4 profit falls YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Shingakukai fiscal Q4 profit falls YOY

Shingakukai Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥7.07 per share, a decrease of 30.7% from ¥10.20 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥141.3 million, a decrease of 30.7% from ¥203.8 million in the year-earlier period.

The normalized profit margin fell to 8.5% from 11.1% in the year-earlier period.

Total revenue fell 9.4% on an annual basis to ¥1.66 billion from ¥1.83 billion, and total operating expenses decreased from the prior-year period to ¥1.56 billion from ¥1.60 billion.

Reported net income totaled a loss of ¥2.0 million, or a loss of 10 sen per share, compared to income of ¥63.0 million, or ¥3.15 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥23.90 per share, a decrease of 18.6% from ¥29.37 per share in the prior year.

Normalized net income was ¥477.5 million, a decrease of 18.6% from ¥586.9 million in the prior year.

Full-year total revenue declined 7.9% from the prior-year period to ¥5.67 billion from ¥6.16 billion, and total operating expenses declined 6.7% year over year to ¥5.50 billion from ¥5.90 billion.

The company said reported net income increased 19.3% year over year to ¥705.0 million, or ¥35.28 per share, in the full year, from ¥591.0 million, or ¥29.58 per share.

As of June 29, US$1 was equivalent to ¥122.67.