trending Market Intelligence /marketintelligence/en/news-insights/trending/vo2b0G7Tb1s4GHTlRNiadA2 content esgSubNav
In This List

Ashimori Industry fiscal Q4 profit climbs YOY

Podcast

Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire

Blog

The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Blog

A Sustainability Framework for Customer and Supplier Credit Risk Management

Video

Lithium Import


Ashimori Industry fiscal Q4 profit climbs YOY

Ashimori Industry Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥89.81 per share, a decrease from ¥90.78 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥543.8 million, an increase from ¥526.3 million in the prior-year period.

The normalized profit margin rose to 4.2% from 4.0% in the year-earlier period.

Total revenue totaled ¥13.07 billion, compared with ¥13.08 billion in the prior-year period, and total operating expenses decreased from the prior-year period to ¥12.37 billion from ¥12.53 billion.

Reported net income rose 69.7% from the prior-year period to ¥1.14 billion, or ¥187.47 per share, from ¥669.0 million, or ¥115.41 per share.

For the year, the company's normalized net income totaled ¥134.10 per share, a fall of 21.5% from ¥170.78 per share in the prior year.

Normalized net income was ¥812.0 million, a fall of 16.6% from ¥973.5 million in the prior year.

Full-year total revenue increased on an annual basis to ¥48.07 billion from ¥46.73 billion, and total operating expenses increased on an annual basis to ¥47.04 billion from ¥45.56 billion.

The company said reported net income totaled ¥1.47 billion, or ¥242.76 per share, in the full year, compared with a loss of ¥1.23 billion, or a loss of ¥214.90 per share, the prior year.

As of June 26, US$1 was equivalent to ¥123.96.