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TORIDOLL Holdings fiscal Q1 profit falls YOY

TORIDOLL Holdings Corp. said its normalized net income for the fiscal first quarter ended June 30 came to ¥22.00 per share, compared with ¥22.11 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥864.5 million, compared with ¥869.4 million in the prior-year period.

The normalized profit margin declined to 4.3% from 4.5% in the year-earlier period.

Total revenue climbed year over year to ¥20.02 billion from ¥19.37 billion, and total operating expenses increased from the prior-year period to ¥18.44 billion from ¥17.95 billion.

Reported net income declined 16.0% from the prior-year period to ¥522.0 million, or ¥13.28 per share, from ¥621.4 million, or ¥15.80 per share.

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