Yutaka Giken Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥99.06 per share, a decrease of 9.3% from ¥109.24 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.47 billion, a decline of 9.3% from ¥1.62 billion in the year-earlier period.
Reported net income rose 25.1% year over year to ¥1.95 billion, or ¥131.23 per share, from ¥1.55 billion, or ¥104.92 per share.
For the year, the company's normalized net income totaled ¥419.64 per share, an increase of 9.3% from ¥383.84 per share in the prior year.
Normalized net income was ¥6.22 billion, an increase of 9.3% from ¥5.69 billion in the prior year.
Full-year total revenue decreased 24.9% year over year to ¥144.99 billion from ¥193.03 billion, and total operating expenses fell 26.7% on an annual basis to ¥133.31 billion from ¥181.83 billion.
The company said reported net income increased 16.6% on an annual basis to ¥7.50 billion, or ¥506.25 per share, in the full year, from ¥6.43 billion, or ¥434.11 per share.
As of June 26, US$1 was equivalent to ¥123.96.