trending Market Intelligence /marketintelligence/en/news-insights/trending/NKh4BJ-dTkEmUbiSYVWIVg2 content esgSubNav
In This List

RC Core fiscal Q1 profit falls YOY

blog

Are transshipment hubs facilitating the movement of Western-made components to Russia

Blog

Points Of No Return: Loyalty Ventures Inc.’s Financial Tailspin

Podcast

MediaTalk | Season 2
Ep.8 The Masters Returns

Case Study

A Sports League Maximizes Revenue from Media Rights


RC Core fiscal Q1 profit falls YOY

R. C. Core Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was ¥15.89 per share, a decline from ¥16.15 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥70.0 million, compared with ¥70.6 million in the year-earlier period.

The normalized profit margin dropped to 2.5% from 2.7% in the year-earlier period.

Total revenue climbed 6.7% on an annual basis to ¥2.81 billion from ¥2.63 billion, and total operating expenses increased 6.9% year over year to ¥2.70 billion from ¥2.52 billion.

Reported net income increased from the prior-year period to ¥70.7 million, or ¥16.05 per share, from ¥69.8 million, or ¥15.96 per share.

As of Aug. 13, US$1 was equivalent to ¥102.37.