trending Market Intelligence /marketintelligence/en/news-insights/trending/y4ZAgCf4noe_-K0ixDXHKA2 content esgSubNav
In This List

Isuzu Motors fiscal Q4 profit falls YOY

S&P Capital IQ Pro | Powered by Expert Insights


Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers


Broadcast broker activities, H1'21


Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Isuzu Motors fiscal Q4 profit falls YOY

Isuzu Motors Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥23.32 per share, a decline of 23.3% from ¥30.41 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥18.37 billion, a decline of 25.8% from ¥24.74 billion in the year-earlier period.

The normalized profit margin fell to 3.2% from 4.8% in the year-earlier period.

Total revenue climbed 11.4% year over year to ¥568.65 billion from ¥510.64 billion, and total operating expenses climbed 14.7% from the prior-year period to ¥531.89 billion from ¥463.57 billion.

Reported net income declined 28.8% year over year to ¥24.95 billion, or ¥31.69 per share, from ¥35.05 billion, or ¥43.09 per share.

For the year, the company's normalized net income totaled ¥102.36 per share, compared to EPS of ¥114.70 in the prior year.

Normalized net income was ¥80.64 billion, a fall from ¥95.02 billion in the prior year.

Full-year total revenue increased year over year to ¥1.953 trillion from ¥1.927 trillion, and total operating expenses increased on an annual basis to ¥1.807 trillion from ¥1.755 trillion.

The company said reported net income declined on an annual basis to ¥93.86 billion, or ¥119.13 per share, in the full year, from ¥114.68 billion, or ¥138.42 per share.

As of June 29, US$1 was equivalent to ¥112.60.