trending Market Intelligence /marketintelligence/en/news-insights/trending/XGfC3mboUF0gUuLemajQ1A2 content esgSubNav
In This List

Nittan Valve fiscal Q3 profit climbs YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Nittan Valve fiscal Q3 profit climbs YOY

Nittan Valve Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥10.15 per share, a gain from ¥2.85 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥293.3 million, an increase from ¥82.4 million in the prior-year period.

The normalized profit margin increased to 2.7% from 0.9% in the year-earlier period.

Total revenue rose 16.9% year over year to ¥10.78 billion from ¥9.22 billion, and total operating expenses increased 10.4% on an annual basis to ¥10.13 billion from ¥9.18 billion.

Reported net income grew on an annual basis to ¥303.0 million, or ¥10.49 per share, from ¥3.0 million, or 10 sen per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.