Aoyama Trading Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥135.97 per share, an increase of 7.2% from ¥126.88 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥7.66 billion, a gain from ¥7.58 billion in the prior-year period.
The normalized profit margin declined to 10.5% from 10.6% in the year-earlier period.
Total revenue increased on an annual basis to ¥73.28 billion from ¥71.24 billion, and total operating expenses increased year over year to ¥61.32 billion from ¥59.31 billion.
Reported net income grew 24.4% on an annual basis to ¥7.29 billion, or ¥129.38 per share, from ¥5.86 billion, or ¥98.14 per share.
For the year, the company's normalized net income totaled ¥219.28 per share, a decrease of 9.2% from ¥241.55 per share in the prior year.
Normalized net income was ¥12.70 billion, a fall of 13.3% from ¥14.65 billion in the prior year.
Full-year total revenue totaled ¥221.71 billion, compared with ¥222.14 billion in the prior year, and total operating expenses grew year over year to ¥202.68 billion from ¥199.55 billion.
The company said reported net income declined on an annual basis to ¥12.81 billion, or ¥221.23 per share, in the full year, from ¥12.96 billion, or ¥213.80 per share.
As of June 29, US$1 was equivalent to ¥122.67.