Mitsubishi Shokuhin Co. Ltd. its normalized net income for the fiscal second quarter ended Sept. 30 was ¥53.75 per share, a gain of 12.0% from ¥47.99 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥3.07 billion, a gain of 12.0% from ¥2.74 billion in the year-earlier period.
The normalized profit margin increased to 0.5% from 0.4% in the year-earlier period.
Total revenue totaled ¥610.79 billion, compared with ¥615.98 billion in the year-earlier period, and total operating expenses totaled ¥606.43 billion, compared with ¥611.80 billion in the prior-year period.
Reported net income increased 31.4% from the prior-year period to ¥3.32 billion, or ¥58.10 per share, from ¥2.53 billion, or ¥44.22 per share.
As of Nov. 14, US$1 was equivalent to ¥116.46.
