trending Market Intelligence /marketintelligence/en/news-insights/trending/VdTTan5MP3qR7AjBKKxi-g2 content esgSubNav
In This List

Plenus fiscal Q1 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


Plenus fiscal Q1 profit falls YOY

Plenus Co. Ltd. said its normalized net income for the fiscal first quarter ended May 31 was ¥34.68 per share, a decrease of 6.3% from ¥37.00 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.33 billion, a decline of 6.3% from ¥1.42 billion in the year-earlier period.

The normalized profit margin declined to 3.4% from 3.7% in the year-earlier period.

Total revenue climbed year over year to ¥39.29 billion from ¥37.92 billion, and total operating expenses increased on an annual basis to ¥37.28 billion from ¥36.04 billion.

Reported net income decreased 10.3% from the prior-year period to ¥1.21 billion, or ¥31.54 per share, from ¥1.35 billion, or ¥35.19 per share.

As of July 10, US$1 was equivalent to ¥101.28.