trending Market Intelligence /marketintelligence/en/news-insights/trending/OMZhi_q5kpE8vhGYzQjHEA2 content esgSubNav
In This List

S.T. Corp. 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

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


S.T. Corp. fiscal Q1 profit falls YOY

S.T. Corp. said its normalized net income for the fiscal first quarter ended June 30 amounted to 74 Japanese sen per share, a decline of 86.8% from ¥5.62 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥16.3 million, a decline of 86.7% from ¥122.1 million in the year-earlier period.

The normalized profit margin declined to 0.2% from 1.3% in the year-earlier period.

Total revenue rose on an annual basis to ¥9.66 billion from ¥9.43 billion, and total operating expenses climbed year over year to ¥9.50 billion from ¥9.34 billion.

Reported net income declined 90.1% on an annual basis to ¥15.3 million, or 69 sen per share, from ¥155.0 million, or ¥7.14 per share.

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