AEON Fantasy Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 amounted to ¥26.28 per share, a gain from ¥25.51 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥478.6 million, an increase from ¥464.3 million in the prior-year period.

The normalized profit margin dropped to 3.8% from 3.9% in the year-earlier period.

Total revenue rose 5.4% year over year to ¥12.53 billion from ¥11.88 billion, and total operating expenses climbed 5.9% from the prior-year period to ¥11.83 billion from ¥11.17 billion.

Reported net income rose 76.5% year over year to ¥484.2 million, or ¥26.59 per share, from ¥274.3 million, or ¥15.07 per share.

For the year, the company's normalized net income totaled ¥108.94 per share, an increase of 18.6% from ¥91.86 per share in the prior year.

Normalized net income was ¥1.98 billion, an increase of 18.7% from ¥1.67 billion in the prior year.

Full-year total revenue totaled ¥46.63 billion, compared with ¥46.54 billion in the prior year, and total operating expenses totaled ¥44.01 billion, compared with ¥44.01 billion in the year-earlier period.

The company said reported net income increased 19.6% on an annual basis to ¥1.34 billion, or ¥73.41 per share, in the full year, from ¥1.12 billion, or ¥61.40 per share.

As of May 27, US$1 was equivalent to ¥123.75.