trending Market Intelligence /marketintelligence/en/news-insights/trending/VCCFV2i_wRQPse6_AuEdnA2 content esgSubNav
In This List

Pia fiscal Q4 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Pia fiscal Q4 profit falls YOY

Pia Corp. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥7.69 per share, a decrease of 28.1% from ¥10.69 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥109.4 million, a decline of 27.7% from ¥151.3 million in the prior-year period.

The normalized profit margin dropped to 0.3% from 0.5% in the year-earlier period.

Total revenue came to ¥31.25 billion, compared with ¥31.38 billion in the year-earlier period, and total operating expenses totaled ¥31.08 billion, compared with ¥31.15 billion in the year-earlier period.

Reported net income decreased 50.6% on an annual basis to ¥162.3 million, or ¥11.41 per share, from ¥328.2 million, or ¥23.20 per share.

For the year, the company's normalized net income totaled ¥56.37 per share, a gain of 41.1% from ¥39.94 per share in the prior year.

Normalized net income was ¥796.9 million, a rise of 41.6% from ¥562.6 million in the prior year.

Full-year total revenue totaled ¥127.14 billion, compared with ¥128.14 billion in the prior year, and total operating expenses decreased year over year to ¥125.87 billion from ¥127.24 billion.

The company said reported net income increased 46.0% on an annual basis to ¥1.19 billion, or ¥83.97 per share, in the full year, from ¥813.2 million, or ¥57.72 per share.

As of June 15, US$1 was equivalent to ¥123.50.