Yoshinoya Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, came to a loss of ¥1.17 per share, compared with a loss of ¥2.33 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 ¥73.4 million, compared with a loss of ¥119.8 million in the year-earlier period.
The normalized profit margin climbed to negative 0.2% from negative 0.3% in the year-earlier period.
Total revenue increased 7.2% on an annual basis to ¥43.84 billion from ¥40.91 billion, and total operating expenses increased 7.1% year over year to ¥44.20 billion from ¥41.26 billion.
Reported net income came to a loss of ¥504.0 million, or a loss of ¥8.06 per share, compared to a loss of ¥500.0 million, or a loss of ¥9.73 per share, in the year-earlier period.
As of Jan. 13, US$1 was equivalent to ¥118.49.
