trending Market Intelligence /marketintelligence/en/news-insights/trending/x6jpImV1BYykzeThJmSrjA2 content esgSubNav
In This List

Aseed Holdings fiscal Q4 loss narrows YOY

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Aseed Holdings fiscal Q4 loss narrows YOY

Aseed Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 was a loss of ¥2.02 per share, compared with a loss of ¥4.24 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥25.6 million, compared with a loss of ¥54.4 million in the year-earlier period.

The normalized profit margin rose to negative 0.4% from negative 0.8% in the year-earlier period.

Total revenue declined 5.3% year over year to ¥6.59 billion from ¥6.96 billion, and total operating expenses fell 5.9% on an annual basis to ¥6.63 billion from ¥7.04 billion.

Reported net income totaled a loss of ¥57.0 million, or a loss of ¥4.50 per share, compared to a loss of ¥88.0 million, or a loss of ¥6.87 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥20.59 per share, a decrease from ¥20.93 per share in the prior year.

Normalized net income was ¥261.9 million, a decline from ¥270.0 million in the prior year.

Full-year total revenue fell 6.4% on an annual basis to ¥29.82 billion from ¥31.86 billion, and total operating expenses fell 6.5% year over year to ¥29.38 billion from ¥31.41 billion.

The company said reported net income decreased 55.4% year over year to ¥108.0 million, or ¥8.49 per share, in the full year, from ¥242.0 million, or ¥18.76 per share.

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