trending Market Intelligence /marketintelligence/en/news-insights/trending/xXE9X2aVPKuUU0r7IOa-3A2 content esgSubNav
In This List

Business Breakthrough Inc. fiscal Q4 profit falls YOY

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Blog

Customer Success: a $200 million market poised for dramatic growth

Blog

Unlocking the Full Potential of Earnings Transcripts


Business Breakthrough Inc. fiscal Q4 profit falls YOY

Business Breakthrough Inc. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥3.83 per share, a decline of 8.3% from ¥4.17 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥43.8 million, a decline of 10.3% from ¥48.8 million in the year-earlier period.

The normalized profit margin declined to 4.0% from 4.7% in the year-earlier period.

Total revenue grew on an annual basis to ¥1.08 billion from ¥1.04 billion, and total operating expenses grew year over year to ¥1.01 billion from ¥968.0 million.

Reported net income rose from the prior-year period to ¥95.3 million, or ¥8.33 per share, from ¥37.2 million, or ¥3.19 per share.

For the year, the company's normalized net income totaled ¥15.53 per share, an increase of 12.1% from ¥13.85 per share in the prior year.

Normalized net income was ¥178.8 million, a gain of 10.9% from ¥161.3 million in the prior year.

Full-year total revenue rose 22.8% year over year to ¥3.76 billion from ¥3.06 billion, and total operating expenses grew 24.2% year over year to ¥3.49 billion from ¥2.81 billion.

The company said reported net income increased 59.1% year over year to ¥216.7 million, or ¥18.83 per share, in the full year, from ¥136.2 million, or ¥11.70 per share.

As of June 26, US$1 was equivalent to ¥123.96.