Trust Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥7.11 per share, a gain from ¥1.66 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥183.9 million, a gain of 43.2% from ¥128.4 million in the prior-year period.
The normalized profit margin rose to 3.9% from 3.2% in the year-earlier period.
Total revenue grew 16.3% on an annual basis to ¥4.67 billion from ¥4.02 billion, and total operating expenses climbed 14.0% year over year to ¥4.22 billion from ¥3.70 billion.
Reported net income rose 61.4% on an annual basis to ¥184.0 million, or ¥7.11 per share, from ¥114.0 million, or ¥1.48 per share.
As of Feb. 6, US$1 was equivalent to ¥119.01.
