Kajima Corp. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥32.26 per share, a gain of 16.9% from ¥27.60 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥33.49 billion, a gain of 16.9% from ¥28.66 billion in the prior-year period.
The normalized profit margin increased to 5.7% from 5.5% in the year-earlier period.
Total revenue climbed 13.0% year over year to ¥584.51 billion from ¥517.05 billion, and total operating expenses increased 14.0% from the prior-year period to ¥530.78 billion from ¥465.42 billion.
Reported net income increased 41.3% from the prior-year period to ¥33.33 billion, or ¥32.11 per share, from ¥23.58 billion, or ¥22.71 per share.
For the year, the company's normalized net income totaled ¥97.02 per share, compared to EPS of ¥67.82 in the prior year.
Normalized net income was ¥100.71 billion, a gain from ¥70.42 billion in the prior year.
Full-year total revenue grew on an annual basis to ¥1.822 trillion from ¥1.743 trillion, and total operating expenses increased on an annual basis to ¥1.667 trillion from ¥1.632 trillion.
The company said reported net income grew on an annual basis to ¥104.86 billion, or ¥101.01 per share, in the full year, from ¥72.32 billion, or ¥69.66 per share.
As of June 30, US$1 was equivalent to ¥112.37.