trending Market Intelligence /marketintelligence/en/news-insights/trending/YS5mgfvFZXkKLHvba06Hfg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Sunday Co. Ltd. swings to loss in fiscal Q4

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Sunday Co. Ltd. swings to loss in fiscal Q4

Sunday Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 came to a loss of ¥5.33 per share, compared with ¥9.81 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥57.5 million, compared with income of ¥105.6 million in the year-earlier period.

The normalized profit margin dropped to negative 0.5% from 1.0% in the year-earlier period.

Total revenue decreased year over year to ¥10.66 billion from ¥11.02 billion, and total operating expenses came to ¥10.75 billion, compared with ¥10.85 billion in the prior-year period.

Reported net income rose year over year to ¥335.3 million, or ¥31.06 per share, from ¥88.4 million, or ¥8.18 per share.

For the year, the company's normalized net income totaled ¥59.87 per share, a fall of 18.6% from ¥73.59 per share in the prior year.

Normalized net income was ¥645.6 million, a fall of 18.5% from ¥792.5 million in the prior year.

Full-year total revenue totaled ¥47.13 billion, compared with ¥46.90 billion in the prior year, and total operating expenses grew year over year to ¥46.10 billion from ¥45.63 billion.

The company said reported net income grew 35.7% on an annual basis to ¥995.6 million, or ¥92.33 per share, in the full year, from ¥733.5 million, or ¥68.11 per share.

As of May 22, US$1 was equivalent to ¥121.48.