Fuji Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 amounted to ¥39.58 per share, a gain of 37.3% from ¥28.84 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.40 billion, a gain of 37.2% from ¥1.02 billion in the year-earlier period.
The normalized profit margin rose to 1.7% from 1.2% in the year-earlier period.
Total revenue totaled ¥81.88 billion, compared with ¥81.83 billion in the prior-year period, and total operating expenses totaled ¥79.67 billion, compared with ¥80.23 billion in the year-earlier period.
Reported net income rose 42.4% on an annual basis to ¥749.0 million, or ¥21.23 per share, from ¥526.0 million, or ¥14.91 per share.
For the year, the company's normalized net income totaled ¥106.44 per share, a gain of 10.6% from ¥96.27 per share in the prior year.
Normalized net income was ¥3.75 billion, a rise of 10.6% from ¥3.40 billion in the prior year.
Full-year total revenue totaled ¥313.53 billion, compared with ¥313.13 billion in the prior year, and total operating expenses totaled ¥308.12 billion, compared with ¥308.36 billion in the prior-year period.
The company said reported net income rose 27.5% on an annual basis to ¥2.99 billion, or ¥84.87 per share, in the full year, from ¥2.35 billion, or ¥66.58 per share.
As of May 22, US$1 was equivalent to ¥121.48.