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Fuji Co. fiscal Q3 profit climbs 13.4% YOY

Fuji Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, amounted to ¥22.02 per share, an increase of 13.4% from ¥19.42 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥776.8 million, a gain of 13.4% from ¥685.0 million in the prior-year period.

The normalized profit margin climbed to 1.0% from 0.9% in the year-earlier period.

Total revenue climbed on an annual basis to ¥75.56 billion from ¥74.77 billion, and total operating expenses came to ¥74.47 billion, compared with ¥73.93 billion in the year-earlier period.

Reported net income rose 17.3% from the prior-year period to ¥734.0 million, or ¥20.81 per share, from ¥626.0 million, or ¥17.74 per share.

As of Jan. 13, US$1 was equivalent to ¥118.49.