trending Market Intelligence /marketintelligence/en/news-insights/trending/WZ6wjzA3CV2kDa6pevFJYg2 content esgSubNav
In This List

Aoyama Trading fiscal Q4 profit falls YOY

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains

Blog

Insight Weekly: M&A slows down; climate tops proxy season; private equity pours into blockchain


Aoyama Trading fiscal Q4 profit falls YOY

Aoyama Trading Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥141.66 per share, a gain from ¥135.97 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥7.62 billion, compared with ¥7.66 billion in the prior-year period.

The normalized profit margin dropped to 9.5% from 10.5% in the year-earlier period.

Total revenue rose 9.6% on an annual basis to ¥80.33 billion from ¥73.28 billion, and total operating expenses grew 11.1% from the prior-year period to ¥68.15 billion from ¥61.32 billion.

Reported net income decreased 9.3% on an annual basis to ¥6.61 billion, or ¥122.94 per share, from ¥7.29 billion, or ¥129.38 per share.

For the year, the company's normalized net income totaled ¥252.44 per share, an increase of 15.1% from ¥219.28 per share in the prior year.

Normalized net income was ¥13.75 billion, a gain of 8.3% from ¥12.70 billion in the prior year.

Full-year total revenue increased 8.3% from the prior-year period to ¥240.22 billion from ¥221.71 billion, and total operating expenses increased 8.0% on an annual basis to ¥218.89 billion from ¥202.68 billion.

The company said reported net income fell 7.3% year over year to ¥11.87 billion, or ¥217.96 per share, in the full year, from ¥12.81 billion, or ¥221.23 per share.

As of June 30, US$1 was equivalent to ¥102.42.