Cota Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥21.91 per share, compared with ¥21.98 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥370.0 million, compared with ¥371.3 million in the year-earlier period.
The normalized profit margin dropped to 17.7% from 18.1% in the year-earlier period.
Total revenue increased year over year to ¥2.10 billion from ¥2.05 billion, and total operating expenses climbed from the prior-year period to ¥1.48 billion from ¥1.46 billion.
Reported net income rose 4.9% year over year to ¥383.0 million, or ¥22.68 per share, from ¥365.0 million, or ¥21.61 per share.
As of Feb. 6, US$1 was equivalent to ¥119.01.
