Coca-Cola Bottlers Japan Holdings Inc. said its fourth-quarter normalized net income was ¥15.34 per share, compared with ¥15.24 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.67 billion, compared with ¥1.66 billion in the year-earlier period.

The normalized profit margin declined to 1.5% from 1.7% in the year-earlier period.

Total revenue increased 10.2% on an annual basis to ¥110.81 billion from ¥100.59 billion, and total operating expenses grew 10.7% on an annual basis to ¥108.06 billion from ¥97.58 billion.

Reported net income came to a loss of ¥4.38 billion, or a loss of ¥40.10 per share, compared to income of ¥819.0 million, or ¥7.50 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥81.89 per share, a gain of 31.9% from ¥62.07 per share in the prior year.

Normalized net income was ¥8.94 billion, a gain of 31.9% from ¥6.77 billion in the prior year.

Full-year total revenue rose from the prior-year period to ¥440.48 billion from ¥424.41 billion, and total operating expenses grew year over year to ¥426.21 billion from ¥413.40 billion.

The company said reported net income rose on an annual basis to ¥9.97 billion, or ¥91.35 per share, in the full year, from ¥4.48 billion, or ¥41.07 per share.

As of March 24, US$1 was equivalent to ¥112.66.