trending Market Intelligence /marketintelligence/en/news-insights/trending/oVCXs2VgoEkVVuFLNxQ6Dg2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

IKK fiscal Q2 profit climbs YOY

Gender Parity within German Banks


Deal Trends in Latin America, Issue 13


Capital Markets View April 2021

Fintech Intelligence Digital Newsletter: April 2021

IKK fiscal Q2 profit climbs YOY

IKK Inc. said its normalized net income for the fiscal second quarter ended April 30 was ¥8.14 per share, an increase from 34 sen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥239.4 million, an increase from ¥10.0 million in the year-earlier period.

The normalized profit margin rose to 5.7% from 0.3% in the year-earlier period.

Total revenue climbed 15.1% year over year to ¥4.20 billion from ¥3.65 billion, and total operating expenses rose 5.1% from the prior-year period to ¥3.81 billion from ¥3.63 billion.

Reported net income came to ¥174.2 million, or ¥5.92 per share, compared to a loss of ¥91.9 million, or a loss of ¥3.16 per share, in the prior-year period.

As of June 13, US$1 was equivalent to ¥106.25.