FamilyMart UNY Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 amounted to ¥52.27 per share, a gain of 19.4% from ¥43.78 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥4.96 billion, an increase of 19.4% from ¥4.16 billion in the year-earlier period.
The normalized profit margin climbed to 5.2% from 4.9% in the year-earlier period.
Total revenue climbed 12.8% on an annual basis to ¥96.28 billion from ¥85.37 billion, and total operating expenses rose 11.8% year over year to ¥87.58 billion from ¥78.33 billion.
Reported net income fell 29.6% on an annual basis to ¥1.94 billion, or ¥20.44 per share, from ¥2.76 billion, or ¥29.04 per share.
For the year, the company's normalized net income totaled ¥250.69 per share, a decline of 12.9% from ¥287.87 per share in the prior year.
Normalized net income was ¥23.80 billion, a fall of 12.9% from ¥27.33 billion in the prior year.
Full-year total revenue grew 8.3% from the prior-year period to ¥374.43 billion from ¥345.60 billion, and total operating expenses grew 10.5% on an annual basis to ¥334.01 billion from ¥302.29 billion.
The company said reported net income increased 13.5% on an annual basis to ¥25.67 billion, or ¥270.45 per share, in the full year, from ¥22.61 billion, or ¥238.19 per share.
As of May 27, US$1 was equivalent to ¥123.75.