Kanmonkai Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥17.49 per share, a gain of 14.7% from ¥15.24 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥173.1 million, an increase of 22.0% from ¥141.9 million in the year-earlier period.
The normalized profit margin climbed to 9.9% from 8.0% in the year-earlier period.
Total revenue decreased year over year to ¥1.75 billion from ¥1.78 billion, and total operating expenses declined year over year to ¥1.47 billion from ¥1.54 billion.
Reported net income increased 34.4% from the prior-year period to ¥164.0 million, or ¥16.57 per share, from ¥122.0 million, or ¥13.11 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
