trending Market Intelligence /marketintelligence/en/news-insights/trending/sZUBUaYbIUEIbTNDj-Xxqw2 content esgSubNav
In This List

Sanyo Housing Nagoya fiscal Q2 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Sanyo Housing Nagoya fiscal Q2 profit falls YOY

Sanyo Housing Nagoya Co. Ltd. said its normalized net income for the fiscal second quarter ended Feb. 28 was ¥26.95 per share, a decline of 40.4% from ¥45.25 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥399.4 million, a decrease of 40.4% from ¥670.0 million in the prior-year period.

The normalized profit margin dropped to 4.4% from 5.8% in the year-earlier period.

Total revenue fell 20.1% year over year to ¥9.15 billion from ¥11.45 billion, and total operating expenses decreased 17.8% year over year to ¥8.55 billion from ¥10.41 billion.

Reported net income fell 38.9% from the prior-year period to ¥394.6 million, or ¥26.59 per share, from ¥646.1 million, or ¥43.64 per share.

As of April 13, US$1 was equivalent to ¥120.36.