trending Market Intelligence /marketintelligence/en/news-insights/trending/t28QaXMfP-N0Yb8d3SDmKw2 content esgSubNav
In This List

Yamano Holdings fiscal Q4 profit falls YOY

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Yamano Holdings fiscal Q4 profit falls YOY

Yamano Holdings Corp. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥2.24 per share, a decline of 33.4% from ¥3.37 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥77.4 million, a decrease of 33.4% from ¥116.1 million in the year-earlier period.

The normalized profit margin dropped to 1.3% from 1.8% in the year-earlier period.

Total revenue decreased 7.5% year over year to ¥6.09 billion from ¥6.59 billion, and total operating expenses decreased 5.3% on an annual basis to ¥6.03 billion from ¥6.37 billion.

Reported net income totaled a loss of ¥8.0 million, or a loss of 23 sen per share, compared to income of ¥120.0 million, or ¥3.48 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥8.70 per share, a fall from ¥8.94 per share in the prior year.

Normalized net income was ¥299.9 million, a decline from ¥308.4 million in the prior year.

Full-year total revenue decreased 6.5% from the prior-year period to ¥23.17 billion from ¥24.78 billion, and total operating expenses decreased year over year to ¥23.05 billion from ¥24.20 billion.

The company said reported net income decreased 42.8% year over year to ¥178.0 million, or ¥5.16 per share, in the full year, from ¥311.3 million, or ¥9.03 per share.

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