trending Market Intelligence /marketintelligence/en/news-insights/trending/VlWdxhLsHqWZwsMCX6TTBQ2 content esgSubNav
In This List

Kyoto Kimono Yuzen fiscal Q1 profit falls YOY

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

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Kyoto Kimono Yuzen fiscal Q1 profit falls YOY

Kyoto Kimono Yuzen Co.Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥7.38 per share, compared with ¥7.33 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥88.1 million, a decrease of 7.8% from ¥95.6 million in the prior-year period.

The normalized profit margin dropped to 2.7% from 2.7% in the year-earlier period.

Total revenue fell 6.1% year over year to ¥3.27 billion from ¥3.49 billion, and total operating expenses decreased 5.6% from the prior-year period to ¥3.16 billion from ¥3.35 billion.

Reported net income fell 17.6% from the prior-year period to ¥84.0 million, or ¥7.03 per share, from ¥102.0 million, or ¥7.82 per share.

As of Aug. 3, US$1 was equivalent to ¥123.94.