trending Market Intelligence /marketintelligence/en/news-insights/trending/UdWPVTQo8b56Zd09asSnnw2 content esgSubNav
In This List

Zwei fiscal Q1 profit falls YOY


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Case Study

A PE Firm Capitalizes on Market Opportunities with Robust Data and Analytics


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Zwei fiscal Q1 profit falls YOY

Zwei Co. Ltd. said its normalized net income for the fiscal first quarter ended May 31 came to ¥1.42 per share, a decrease of 76.8% from ¥6.15 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥5.6 million, a decline of 76.8% from ¥24.3 million in the prior-year period.

The normalized profit margin fell to 0.6% from 2.4% in the year-earlier period.

Total revenue declined 7.8% year over year to ¥945.0 million from ¥1.02 billion, and total operating expenses decreased 6.8% year over year to ¥952.0 million from ¥1.02 billion.

Reported net income fell 99.2% from the prior-year period to ¥158,140, or 4 sen per share, from ¥18.9 million, or ¥4.62 per share.

As of July 15, US$1 was equivalent to ¥101.70.