Y.S.Food Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥1.92 per share, a decrease of 30.7% from ¥2.77 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.9 million, a decrease of 31.3% from ¥10.0 million in the year-earlier period.
The normalized profit margin declined to 1.4% from 1.9% in the year-earlier period.
Total revenue came to ¥509.0 million, compared with ¥513.0 million in the prior-year period, and total operating expenses totaled ¥496.0 million, compared with ¥494.0 million in the year-earlier period.
Reported net income rose 55.6% on an annual basis to ¥14.0 million, or ¥3.90 per share, from ¥9.0 million, or ¥2.49 per share.
As of Nov. 14, US$1 was equivalent to ¥116.46.
