Sato Foods Co. Ltd. said its normalized net income for the fiscal second quarter ended Oct. 31 was a loss of ¥1.9 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 0.0%.
Total revenue totaled ¥7.44 billion, and total operating expenses totaled ¥7.48 billion.
Reported net income totaled a loss of ¥65.0 million, or a loss of ¥13.53 per share.
As of Dec. 14, US$1 was equivalent to ¥120.70.