trending Market Intelligence /marketintelligence/en/news-insights/trending/XYK0SqeVMz678mO67eOAIA2 content esgSubNav
In This List

MOS Food Services fiscal Q1 profit falls 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

Volume of Investment Research Reports on Inflation Increased in Q4 2021


MOS Food Services fiscal Q1 profit falls YOY

MOS Food Services Inc. said its normalized net income for the fiscal first quarter ended June 30 was ¥4.98 per share, a decrease of 7.4% from ¥5.37 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥153.4 million, a decline of 7.4% from ¥165.6 million in the prior-year period.

The normalized profit margin dropped to 1.0% from 1.1% in the year-earlier period.

Total revenue increased on an annual basis to ¥15.79 billion from ¥15.47 billion, and total operating expenses increased year over year to ¥15.63 billion from ¥15.29 billion.

Reported net income came to a loss of ¥58.0 million, or a loss of ¥1.88 per share, compared to income of ¥179.0 million, or ¥5.81 per share, in the prior-year period.

As of Aug. 13, US$1 was equivalent to ¥102.37.