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ONLY Corp. fiscal Q1 profit climbs YOY

ONLY Corp. said its normalized net income for the fiscal first quarter ended Nov. 30, 2014, came to ¥52.62 per share, a gain from ¥51.98 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥253.8 million, an increase from ¥250.6 million in the year-earlier period.

The normalized profit margin rose to 12.8% from 12.7% in the year-earlier period.

Total revenue came to ¥1.98 billion, compared with ¥1.97 billion in the year-earlier period, and total operating expenses held steady year over year at ¥1.58 billion.

Reported net income increased year over year to ¥244.0 million, or ¥50.60 per share, from ¥240.0 million, or ¥49.77 per share.

As of Jan. 13, US$1 was equivalent to ¥118.49.