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Tosho Co. posts fiscal Q2 profit

Tosho Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥822.5 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 17.2%.

Total revenue totaled ¥4.79 billion, and total operating expenses came to ¥3.35 billion.

Reported net income came to ¥827.0 million, or ¥21.59 per share.

As of Nov. 5, US$1 was equivalent to ¥121.55.