Japan Publications Trading Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥74.36 per share, a gain from ¥29.57 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥51.9 million, a gain from ¥20.6 million in the year-earlier period.
The normalized profit margin rose to 1.8% from 0.7% in the year-earlier period.
Total revenue fell 4.9% on an annual basis to ¥2.88 billion from ¥3.03 billion, and total operating expenses decreased 6.7% from the prior-year period to ¥2.80 billion from ¥3.00 billion.
Reported net income fell 58.7% on an annual basis to ¥52.0 million, or ¥74.54 per share, from ¥126.0 million, or ¥180.62 per share.
For the year, the company's normalized net income totaled ¥53.76 per share, a gain from ¥20.61 per share in the prior year.
Normalized net income was ¥37.5 million, a gain from ¥14.4 million in the prior year.
Full-year total revenue amounted to ¥8.34 billion, compared with ¥8.27 billion in the prior year, and total operating expenses came to ¥8.30 billion, compared with ¥8.23 billion in the year-earlier period.
The company said reported net income fell 75.2% year over year to ¥29.0 million, or ¥41.57 per share, in the full year, from ¥117.0 million, or ¥167.72 per share.
As of June 25, US$1 was equivalent to ¥123.71.