4555000 said its normalized net income for the first quarter amounted to ¥5.91 per share, a gain of 15.0% from ¥5.14 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥14.4 million, a gain of 15.0% from ¥12.5 million in the year-earlier period.

The normalized profit margin rose to 1.7% from 1.1% in the year-earlier period.

Total revenue fell 22.0% on an annual basis to ¥853.0 million from ¥1.09 billion, and total operating expenses decreased 23.0% year over year to ¥828.0 million from ¥1.07 billion.

Reported net income declined 73.3% from the prior-year period to ¥4.0 million, or ¥1.65 per share, from ¥15.0 million, or ¥6.17 per share.

s of May 14, US$1 was equivalent to ¥119.24.Truck-One Co. Ltd.

4555000 said its normalized net income for the first quarter amounted to ¥5.91 per share, a gain of 15.0% from ¥5.14 per share in the prior-year period.