trending Market Intelligence /marketintelligence/en/news-insights/trending/uw_pbfzj0N6WLSldMb55VA2 content esgSubNav
In This List

Takara Holdings fiscal Q4 profit climbs YOY

Blog

Expand Your Perspective: Intelligence

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices


Takara Holdings fiscal Q4 profit climbs YOY

Takara Holdings Inc. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥4.56 per share, a gain from 28 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥917.5 million, a gain from ¥56.9 million in the prior-year period.

The normalized profit margin climbed to 1.7% from 0.1% in the year-earlier period.

Total revenue grew year over year to ¥55.11 billion from ¥53.44 billion, and total operating expenses increased on an annual basis to ¥53.52 billion from ¥52.92 billion.

Reported net income came to ¥509.0 million, or ¥2.53 per share, compared to a loss of ¥278.0 million, or a loss of ¥1.38 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥36.33 per share, a gain of 8.6% from ¥33.46 per share in the prior year.

Normalized net income was ¥7.31 billion, a rise of 8.6% from ¥6.73 billion in the prior year.

Full-year total revenue grew from the prior-year period to ¥225.36 billion from ¥219.49 billion, and total operating expenses rose on an annual basis to ¥213.68 billion from ¥208.39 billion.

The company said reported net income increased 23.6% on an annual basis to ¥7.05 billion, or ¥35.06 per share, in the full year, from ¥5.71 billion, or ¥28.36 per share.

As of June 29, US$1 was equivalent to ¥102.64.