Yaoko Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥79.06 per share, an increase of 8.4% from ¥72.91 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥3.07 billion, a gain of 8.4% from ¥2.83 billion in the prior-year period.
The normalized profit margin dropped to 3.8% from 3.9% in the year-earlier period.
Total revenue climbed 11.8% on an annual basis to ¥81.53 billion from ¥72.91 billion, and total operating expenses rose 12.1% from the prior-year period to ¥76.56 billion from ¥68.30 billion.
Reported net income decreased 28.5% year over year to ¥1.96 billion, or ¥50.56 per share, from ¥2.75 billion, or ¥70.70 per share.
As of Feb. 10, US$1 was equivalent to ¥119.28.
