trending Market Intelligence /marketintelligence/en/news-insights/trending/OAcIsbm7r01olVLqwOJ6gg2 content esgSubNav
In This List

Nittoh fiscal Q1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Nittoh fiscal Q1 profit falls YOY

Nittoh Corp. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥9.56 per share, a decrease of 36.7% from ¥15.10 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥38.8 million, a decline of 36.7% from ¥61.3 million in the year-earlier period.

The normalized profit margin declined to 2.3% from 3.8% in the year-earlier period.

Total revenue grew year over year to ¥1.67 billion from ¥1.62 billion, and total operating expenses rose 6.0% from the prior-year period to ¥1.61 billion from ¥1.52 billion.

Reported net income decreased 37.7% year over year to ¥33.0 million, or ¥8.14 per share, from ¥53.0 million, or ¥13.07 per share.

As of Aug. 12, US$1 was equivalent to ¥102.19.