Takasho Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Jan. 20 came to a loss of ¥3.30 per share, compared with a loss of ¥4.90 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥40.5 million, compared with a loss of ¥60.3 million in the prior-year period.
The normalized profit margin rose to negative 1.0% from negative 1.6% in the year-earlier period.
Total revenue climbed 6.8% on an annual basis to ¥4.08 billion from ¥3.82 billion, and total operating expenses grew 5.4% from the prior-year period to ¥4.16 billion from ¥3.95 billion.
Reported net income totaled a loss of ¥94.0 million, or a loss of ¥7.66 per share, compared to a loss of ¥127.0 million, or a loss of ¥10.34 per share, in the year-earlier period.
For the year, the company's normalized net income totaled ¥33.88 per share, a decrease of 33.2% from ¥50.75 per share in the prior year.
Normalized net income was ¥416.0 million, a fall of 30.6% from ¥599.5 million in the prior year.
Full-year total revenue grew on an annual basis to ¥18.48 billion from ¥18.07 billion, and total operating expenses grew year over year to ¥17.88 billion from ¥17.12 billion.
The company said reported net income decreased 36.4% on an annual basis to ¥323.0 million, or ¥26.31 per share, in the full year, from ¥508.0 million, or ¥43.00 per share.
As of April 20, US$1 was equivalent to ¥119.25.
