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Fujix fiscal Q1 loss widens YOY

Fujix Ltd. said its normalized net income for the fiscal first quarter ended June 30 was a loss of ¥14.24 per share, compared with a loss of ¥2.45 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥19.6 million, compared with a loss of ¥3.4 million in the year-earlier period.

The normalized profit margin declined to negative 1.2% from negative 0.2% in the year-earlier period.

Total revenue came to ¥1.64 billion, compared with ¥1.64 billion in the year-earlier period, and total operating expenses totaled ¥1.62 billion, compared with ¥1.63 billion in the year-earlier period.

Reported net income came to ¥82.0 million, or ¥59.52 per share, compared to a loss of ¥7.0 million, or a loss of ¥5.08 per share, in the year-earlier period.

As of Aug. 12, US$1 was equivalent to ¥102.19.