TORIDOLL Holdings Corp. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥2.46 per share, a decrease of 89.6% from ¥23.73 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥105.9 million, a decrease of 88.6% from ¥932.4 million in the prior-year period.

The normalized profit margin dropped to 0.5% from 4.8% in the year-earlier period.

Total revenue rose 11.2% on an annual basis to ¥21.60 billion from ¥19.43 billion, and total operating expenses grew 17.0% year over year to ¥21.05 billion from ¥17.99 billion.

Reported net income came to a loss of ¥152.9 million, or a loss of ¥3.54 per share, compared to a loss of ¥167.0 million, or a loss of ¥4.25 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥89.81 per share, a gain of 13.7% from ¥78.98 per share in the prior year.

Normalized net income was ¥3.65 billion, a rise of 17.5% from ¥3.10 billion in the prior year.

Full-year total revenue rose 11.5% from the prior-year period to ¥87.29 billion from ¥78.32 billion, and total operating expenses grew 10.3% on an annual basis to ¥80.85 billion from ¥73.30 billion.

The company said reported net income increased year over year to ¥1.98 billion, or ¥48.79 per share, in the full year, from ¥849.0 million, or ¥21.61 per share.

As of June 26, US$1 was equivalent to ¥123.96.