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Brangista posts fiscal Q1 profit

Brangista Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, amounted to ¥48.8 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 7.9%.

Total revenue came to ¥617.0 million, and total operating expenses totaled ¥539.0 million.

Reported net income came to ¥58.1 million, or ¥4.00 per share.

As of Feb. 10, US$1 was equivalent to ¥114.87.