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.