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Tenpos Busters fiscal Q2 profit falls YOY

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Tenpos Busters fiscal Q2 profit falls YOY

Tenpos Busters Co. Ltd. said its normalized net income for the fiscal second quarter ended Oct. 31 was ¥16.85 per share, compared with ¥16.98 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥198.5 million, compared with ¥199.9 million in the year-earlier period.

The normalized profit margin declined to 3.3% from 4.4% in the year-earlier period.

Total revenue increased 35.1% year over year to ¥6.10 billion from ¥4.52 billion, and total operating expenses increased 35.9% from the prior-year period to ¥5.68 billion from ¥4.18 billion.

Reported net income declined 10.5% from the prior-year period to ¥170.0 million, or ¥14.43 per share, from ¥190.0 million, or ¥16.15 per share.

As of Dec. 12, US$1 was equivalent to ¥118.57.