Fukutome Meat Packers Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥56.72 per share, an increase from ¥54.83 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥189.4 million, a gain from ¥183.1 million in the prior-year period.
The normalized profit margin rose to 2.4% from 2.3% in the year-earlier period.
Total revenue totaled ¥8.01 billion, compared with ¥7.96 billion in the prior-year period, and total operating expenses totaled ¥7.71 billion, compared with ¥7.67 billion in the year-earlier period.
Reported net income increased 18.5% on an annual basis to ¥205.0 million, or ¥61.40 per share, from ¥173.0 million, or ¥51.80 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
