Paris Miki Holdings Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 5 Japanese sen per share, a decline of 93.7% from 84 sen per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.8 million, a decline of 93.7% from ¥43.5 million in the year-earlier period.
The normalized profit margin fell to 0.0% from 0.3% in the year-earlier period.
Total revenue decreased on an annual basis to ¥13.38 billion from ¥13.91 billion, and total operating expenses decreased on an annual basis to ¥13.58 billion from ¥13.90 billion.
Reported net income rose from the prior-year period to ¥208.0 million, or ¥4.04 per share, from ¥32.0 million, or 62 sen per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
