Three F Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, amounted to a loss of ¥10.36 per share, compared with a loss of ¥8.27 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥78.5 million, compared with a loss of ¥62.6 million in the year-earlier period.
The normalized profit margin dropped to negative 1.5% from negative 1.2% in the year-earlier period.
Total revenue declined year over year to ¥5.19 billion from ¥5.32 billion, and total operating expenses fell from the prior-year period to ¥5.36 billion from ¥5.43 billion.
Reported net income came to ¥454.0 million, or ¥59.94 per share, compared to a loss of ¥173.0 million, or a loss of ¥22.84 per share, in the year-earlier period.
As of Jan. 14, US$1 was equivalent to ¥116.84.
