Artnature Inc. said its normalized net income for the fiscal second quarter ended Sept. 30 came to ¥18.53 per share, an increase of 24.4% from ¥14.90 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥615.3 million, an increase of 29.4% from ¥475.6 million in the year-earlier period.
The normalized profit margin rose to 6.2% from 5.3% in the year-earlier period.
Total revenue increased 10.0% on an annual basis to ¥9.93 billion from ¥9.03 billion, and total operating expenses grew 9.0% from the prior-year period to ¥9.02 billion from ¥8.28 billion.
Reported net income increased 55.2% year over year to ¥628.6 million, or ¥18.93 per share, from ¥405.1 million, or ¥12.69 per share.
As of Nov. 14, US$1 was equivalent to ¥116.46.
