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FamilyMart UNY fiscal Q3 profit falls YOY

FamilyMart UNY Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, came to ¥65.24 per share, a decrease of 11.4% from ¥73.62 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.19 billion, a decrease of 11.4% from ¥6.99 billion in the year-earlier period.

The normalized profit margin fell to 6.6% from 8.2% in the year-earlier period.

Total revenue climbed 10.2% on an annual basis to ¥93.81 billion from ¥85.14 billion, and total operating expenses climbed 12.4% on an annual basis to ¥83.53 billion from ¥74.35 billion.

Reported net income declined 43.3% year over year to ¥3.28 billion, or ¥34.60 per share, from ¥5.79 billion, or ¥60.98 per share.

As of Jan. 13, US$1 was equivalent to ¥118.49.