Yamaki Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was a loss of ¥7.41 per share, compared with a loss of ¥21.25 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 ¥55.9 million, compared with a loss of ¥160.1 million in the year-earlier period.
The normalized profit margin increased to negative 1.5% from negative 4.5% in the year-earlier period.
Total revenue grew year over year to ¥3.63 billion from ¥3.58 billion, and total operating expenses totaled ¥3.79 billion, compared with ¥3.82 billion in the prior-year period.
Reported net income came to a loss of ¥96.5 million, or a loss of ¥12.73 per share, compared to a loss of ¥119.5 million, or a loss of ¥15.93 per share, in the prior-year period.
As of Nov. 14, US$1 was equivalent to ¥116.46.
