Maruzen CHI Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Jan. 31 was ¥1.15 per share, a decrease of 5.0% from ¥1.21 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥106.0 million, a decline of 5.0% from ¥111.6 million in the prior-year period.
The normalized profit margin declined to 0.3% from 0.3% in the year-earlier period.
Total revenue climbed year over year to ¥41.44 billion from ¥39.94 billion, and total operating expenses increased from the prior-year period to ¥41.15 billion from ¥39.63 billion.
Reported net income totaled a loss of ¥18.0 million, or a loss of 19 sen per share, compared to income of ¥169.0 million, or ¥1.83 per share, in the year-earlier period.
For the year, the company's normalized net income totaled ¥11.73 per share, an increase of 30.9% from ¥8.96 per share in the prior year.
Normalized net income was ¥1.09 billion, a gain of 30.9% from ¥829.3 million in the prior year.
Full-year total revenue increased from the prior-year period to ¥168.81 billion from ¥163.34 billion, and total operating expenses rose on an annual basis to ¥166.79 billion from ¥161.86 billion.
The company said reported net income decreased 6.5% year over year to ¥845.0 million, or ¥9.13 per share, in the full year, from ¥904.0 million, or ¥9.77 per share.
As of April 27, US$1 was equivalent to ¥119.12.
