trending Market Intelligence /marketintelligence/en/news-insights/trending/Ra-fWH7NDt2td2cMjogEdw2 content esgSubNav
In This List

Oenon Holdings swings to loss in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Oenon Holdings swings to loss in Q1

4916575 said its first-quarter normalized net income was a loss of ¥2.45 per share, compared with ¥1.76 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥153.6 million, compared with income of ¥110.3 million in the prior-year period.

The normalized profit margin fell to negative 0.9% from 0.6% in the year-earlier period.

Total revenue decreased 9.1% year over year to ¥17.48 billion from ¥19.22 billion, and total operating expenses decreased 7.0% on an annual basis to ¥17.68 billion from ¥19.02 billion.

Reported net income totaled a loss of ¥142.0 million, or a loss of ¥2.26 per share, compared to income of ¥47.0 million, or 75 sen per share, in the prior-year period.

s of May 8, US$1 was equivalent to ¥119.78.Oenon Holdings Inc.

4916575 said its first-quarter normalized net income was a loss of ¥2.45 per share, compared with ¥1.76 per share in the year-earlier period.