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Uoki fiscal Q3 loss widens YOY

Uoki Co.Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2015, amounted to a loss of ¥8.81 per share, compared with a loss of ¥3.43 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥22.5 million, compared with a loss of ¥8.8 million in the year-earlier period.

The normalized profit margin declined to negative 0.7% from negative 0.3% in the year-earlier period.

Total revenue declined year over year to ¥3.06 billion from ¥3.21 billion, and total operating expenses fell on an annual basis to ¥3.10 billion from ¥3.22 billion.

Reported net income totaled a loss of ¥28.0 million, or a loss of ¥10.96 per share, compared to a loss of ¥25.0 million, or a loss of ¥9.79 per share, in the year-earlier period.

As of Jan. 14, US$1 was equivalent to ¥118.06.