Komehyo Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥78.49 per share, an increase of 14.8% from ¥68.39 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥860.0 million, an increase of 14.8% from ¥749.4 million in the year-earlier period.
The normalized profit margin rose to 7.0% from 6.7% in the year-earlier period.
Total revenue grew 10.1% year over year to ¥12.33 billion from ¥11.20 billion, and total operating expenses rose 9.6% on an annual basis to ¥10.95 billion from ¥9.99 billion.
Reported net income grew 23.2% year over year to ¥898.0 million, or ¥81.96 per share, from ¥729.0 million, or ¥66.54 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
