trending Market Intelligence /marketintelligence/en/news-insights/trending/u9bSUMT6zwMPSlvi4B4e2w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Yaoko fiscal Q4 profit falls YOY

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021


Yaoko fiscal Q4 profit falls YOY

Yaoko Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥8.32 per share, a decline of 46.6% from ¥15.58 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥323.1 million, a decrease of 46.6% from ¥605.1 million in the year-earlier period.

The normalized profit margin dropped to 0.4% from 0.9% in the year-earlier period.

Total revenue increased 10.2% year over year to ¥76.65 billion from ¥69.53 billion, and total operating expenses grew 11.1% year over year to ¥76.07 billion from ¥68.48 billion.

Reported net income rose 69.2% year over year to ¥1.01 billion, or ¥25.93 per share, from ¥595.0 million, or ¥15.32 per share.

For the year, the company's normalized net income totaled ¥212.81 per share, a gain of 12.8% from ¥188.66 per share in the prior year.

Normalized net income was ¥8.26 billion, a rise of 12.8% from ¥7.33 billion in the prior year.

Full-year total revenue increased 12.1% year over year to ¥307.35 billion from ¥274.15 billion, and total operating expenses increased 12.1% year over year to ¥293.88 billion from ¥262.15 billion.

The company said reported net income increased 10.2% on an annual basis to ¥7.83 billion, or ¥201.76 per share, in the full year, from ¥7.11 billion, or ¥183.12 per share.

As of June 23, US$1 was equivalent to ¥123.88.