Tsuruha Holdings Inc. said its normalized net income for the fiscal third quarter ended Feb. 15 amounted to ¥101.32 per share, a gain of 32.7% from ¥76.37 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥4.84 billion, an increase of 31.0% from ¥3.69 billion in the year-earlier period.
The normalized profit margin climbed to 4.3% from 4.0% in the year-earlier period.
Total revenue grew 21.0% on an annual basis to ¥111.88 billion from ¥92.43 billion, and total operating expenses grew 20.3% on an annual basis to ¥104.39 billion from ¥86.75 billion.
Reported net income rose 61.1% from the prior-year period to ¥5.88 billion, or ¥123.27 per share, from ¥3.65 billion, or ¥75.53 per share.
As of March 31, US$1 was equivalent to ¥119.97.
