Sato Foods Co. Ltd. said its normalized net income for the fiscal first quarter ended July 31 came to a loss of ¥157.5 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 3.6%.
Total revenue totaled ¥4.43 billion, and total operating expenses came to ¥4.73 billion.
Reported net income came to a loss of ¥179.0 million, or a loss of ¥37.26 per share.
As of Sept. 14, US$1 was equivalent to ¥120.11.