trending Market Intelligence /marketintelligence/en/news-insights/trending/suIZdx3Pn9tLlCt1KS5Z5w2 content esgSubNav
In This List

Shimojima fiscal Q1 profit falls YOY

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity

Blog

2023 Big Picture: US Consumer Survey Results

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise


Shimojima fiscal Q1 profit falls YOY

Shimojima Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 42 Japanese sen per share, a decrease of 94.2% from ¥7.24 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥9.9 million, a decrease of 94.2% from ¥170.0 million in the prior-year period.

The normalized profit margin dropped to 0.1% from 1.5% in the year-earlier period.

Total revenue declined 5.7% on an annual basis to ¥11.04 billion from ¥11.70 billion, and total operating expenses fell from the prior-year period to ¥11.09 billion from ¥11.45 billion.

Reported net income fell 98.9% on an annual basis to ¥2.0 million, or 9 sen per share, from ¥190.0 million, or ¥8.10 per share.

As of Aug. 8, US$1 was equivalent to ¥101.85.