Aoki Holdings Inc. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥71.25 per share, a decline of 13.2% from ¥82.06 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.50 billion, a decline of 7.5% from ¥7.02 billion in the prior-year period.

The normalized profit margin declined to 11.5% from 12.5% in the year-earlier period.

Total revenue came to ¥56.40 billion, compared with ¥56.38 billion in the year-earlier period, and total operating expenses climbed from the prior-year period to ¥45.96 billion from ¥45.21 billion.

Reported net income came to ¥5.18 billion, or ¥56.80 per share, compared to ¥5.19 billion, or ¥60.66 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥129.64 per share, a decrease of 16.8% from ¥155.87 per share in the prior year.

Normalized net income was ¥11.82 billion, a fall of 9.4% from ¥13.04 billion in the prior year.

Full-year total revenue grew from the prior-year period to ¥183.81 billion from ¥179.44 billion, and total operating expenses increased on an annual basis to ¥164.78 billion from ¥159.05 billion.

The company said reported net income declined year over year to ¥10.19 billion, or ¥111.70 per share, in the full year, from ¥10.68 billion, or ¥127.69 per share.

As of June 29, US$1 was equivalent to ¥122.67.