trending Market Intelligence /marketintelligence/en/news-insights/trending/oVoUw0lt4NPFj9nyikYiiQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Daimaru Enawin fiscal Q4 profit falls YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Daimaru Enawin fiscal Q4 profit falls YOY

Daimaru Enawin Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥30.17 per share, a decline of 28.1% from ¥41.99 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥231.9 million, a decline of 29.5% from ¥328.8 million in the year-earlier period.

The normalized profit margin declined to 5.3% from 6.3% in the year-earlier period.

Total revenue fell 15.5% on an annual basis to ¥4.39 billion from ¥5.20 billion, and total operating expenses declined 13.9% year over year to ¥4.03 billion from ¥4.69 billion.

Reported net income declined 28.3% on an annual basis to ¥228.0 million, or ¥29.67 per share, from ¥318.0 million, or ¥40.61 per share.

For the year, the company's normalized net income totaled ¥77.15 per share, a gain of 5.5% from ¥73.12 per share in the prior year.

Normalized net income was ¥597.5 million, a gain from ¥572.5 million in the prior year.

Full-year total revenue decreased 7.5% from the prior-year period to ¥16.30 billion from ¥17.62 billion, and total operating expenses declined 8.1% year over year to ¥15.38 billion from ¥16.75 billion.

The company said reported net income increased 14.0% year over year to ¥596.0 million, or ¥76.95 per share, in the full year, from ¥523.0 million, or ¥66.79 per share.

As of June 29, US$1 was equivalent to ¥102.64.