4911087 said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥24.79 per share, a decrease of 45.4% from ¥45.39 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥512.5 million, a decline of 35.8% from ¥798.8 million in the year-earlier period.

The normalized profit margin declined to 2.8% from 3.9% in the year-earlier period.

Total revenue decreased 9.7% on an annual basis to ¥18.45 billion from ¥20.44 billion, and total operating expenses fell 8.0% from the prior-year period to ¥17.64 billion from ¥19.17 billion.

Reported net income decreased 86.5% from the prior-year period to ¥81.0 million, or ¥3.92 per share, from ¥602.0 million, or ¥34.21 per share.

For the year, the company's normalized net income totaled ¥40.68 per share, a fall of 47.0% from ¥76.80 per share in the prior year.

Normalized net income was ¥826.3 million, a decrease of 41.1% from ¥1.40 billion in the prior year.

Full-year total revenue decreased 6.1% on an annual basis to ¥74.35 billion from ¥79.16 billion, and total operating expenses fell 5.1% year over year to ¥73.22 billion from ¥77.13 billion.

The company said reported net income declined 84.1% on an annual basis to ¥151.0 million, or ¥7.43 per share, in the full year, from ¥951.0 million, or ¥52.06 per share.

s of June 29, US$1 was equivalent to ¥122.67.Bookoff Corp. Ltd.

4911087 said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥24.79 per share, a decrease of 45.4% from ¥45.39 per share in the year-earlier period.