Semba Tohka Industries Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥10.38 per share, a decline of 18.5% from ¥12.74 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥118.1 million, a decrease of 18.5% from ¥145.0 million in the year-earlier period.
The normalized profit margin dropped to 2.7% from 3.5% in the year-earlier period.
Total revenue increased 7.6% year over year to ¥4.43 billion from ¥4.11 billion, and total operating expenses climbed 8.9% on an annual basis to ¥4.23 billion from ¥3.88 billion.
Reported net income decreased 23.0% on an annual basis to ¥114.0 million, or ¥10.01 per share, from ¥148.0 million, or ¥13.00 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
