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Yossix posts fiscal Q4 profit

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According to Market Intelligence, February 2023

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Yossix posts fiscal Q4 profit

Yossix Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥157.5 million.

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

The normalized profit margin was 6.6%.

Total revenue came to ¥2.37 billion, and total operating expenses came to ¥2.20 billion.

Reported net income totaled ¥96.0 million, or ¥37.13 per share.

For the year, the company's normalized net income totaled ¥243.47 per share, an increase of 60.2% from ¥151.94 per share in the prior year.

Normalized net income was ¥586.3 million, an increase of 71.5% from ¥341.9 million in the prior year.

Full-year total revenue rose 17.8% on an annual basis to ¥9.00 billion from ¥7.64 billion, and total operating expenses grew 13.7% year over year to ¥8.26 billion from ¥7.27 billion.

The company said reported net income increased 34.6% on an annual basis to ¥517.0 million, or ¥214.71 per share, in the full year, from ¥384.0 million, or ¥170.67 per share.

As of June 29, US$1 was equivalent to ¥122.67.