Kenko Mayonnaise Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥38.31 per share, an increase from ¥18.78 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥544.4 million, a gain from ¥266.9 million in the prior-year period.
The normalized profit margin rose to 3.5% from 1.8% in the year-earlier period.
Total revenue grew year over year to ¥15.76 billion from ¥15.07 billion, and total operating expenses grew year over year to ¥14.83 billion from ¥14.61 billion.
Reported net income increased year over year to ¥511.0 million, or ¥35.96 per share, from ¥229.0 million, or ¥16.11 per share.
As of Feb. 9, US$1 was equivalent to ¥118.60.
