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Watahan & Co. posts fiscal H1 profit

Watahan & Co. Ltd. said its normalized net income for the fiscal first half ended Sept. 30 amounted to ¥175.6 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue totaled ¥40.07 billion, and total operating expenses totaled ¥39.88 billion.

Reported net income totaled ¥205.0 million, or ¥25.31 per share.

As of Nov. 14, US$1 was equivalent to ¥116.46.