Papyless Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥142.9 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 5.3%.
Total revenue came to ¥2.69 billion, and total operating expenses totaled ¥2.44 billion.
Reported net income came to ¥141.2 million, or ¥14.36 per share.
As of Nov. 11, US$1 was equivalent to ¥122.91.