PC Depot Corp. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥8.95 per share, an increase from ¥8.54 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥410.0 million, a gain of 9.7% from ¥373.8 million in the prior-year period.

The normalized profit margin climbed to 3.1% from 2.4% in the year-earlier period.

Total revenue decreased 15.1% on an annual basis to ¥13.23 billion from ¥15.58 billion, and total operating expenses decreased 16.0% on an annual basis to ¥12.60 billion from ¥15.00 billion.

Reported net income decreased 14.7% from the prior-year period to ¥371.0 million, or ¥7.94 per share, from ¥435.0 million, or ¥9.56 per share.

For the year, the company's normalized net income totaled ¥43.11 per share, a gain of 18.9% from ¥36.27 per share in the prior year.

Normalized net income was ¥1.98 billion, a rise of 34.1% from ¥1.47 billion in the prior year.

Full-year total revenue declined from the prior-year period to ¥51.26 billion from ¥53.77 billion, and total operating expenses fell 6.4% on an annual basis to ¥48.22 billion from ¥51.52 billion.

The company said reported net income rose 24.9% on an annual basis to ¥1.94 billion, or ¥41.98 per share, in the full year, from ¥1.55 billion, or ¥37.98 per share.

As of June 25, US$1 was equivalent to ¥123.71.