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Business Breakthrough Inc. fiscal Q3 profit climbs 38.5% YOY

Business Breakthrough Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥1.96 per share, an increase from 47 sen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥22.5 million, a gain of 38.5% from ¥16.3 million in the prior-year period.

The normalized profit margin climbed to 2.7% from 2.5% in the year-earlier period.

Total revenue increased 32.7% year over year to ¥849.0 million from ¥640.0 million, and total operating expenses rose 32.2% on an annual basis to ¥821.0 million from ¥621.0 million.

Reported net income rose year over year to ¥26.6 million, or ¥2.31 per share, from ¥13.0 million, or 37 sen per share.

As of Feb. 9, US$1 was equivalent to ¥118.60.