trending Market Intelligence /marketintelligence/en/news-insights/trending/vm9_2AzkWC_l18Coi6Dc1g2 content esgSubNav
In This List

Minnano Wedding fiscal Q1 profit climbs 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


Minnano Wedding fiscal Q1 profit climbs YOY

Minnano Wedding Co. Ltd. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, came to ¥4.79 per share, a gain of 7.6% from ¥4.45 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥36.3 million, a gain from ¥35.0 million in the prior-year period.

The normalized profit margin increased to 8.0% from 7.3% in the year-earlier period.

Total revenue fell on an annual basis to ¥455.0 million from ¥477.0 million, and total operating expenses decreased 5.9% year over year to ¥396.0 million from ¥421.0 million.

Reported net income fell 14.0% on an annual basis to ¥37.0 million, or ¥4.89 per share, from ¥43.0 million, or ¥5.47 per share.

As of Feb. 8, US$1 was equivalent to ¥115.75.