trending Market Intelligence /marketintelligence/en/news-insights/trending/yyANHpI7MdQbACJP4WDdOg2 content esgSubNav
In This List

Yoshinoya Holdings swings to profit in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Yoshinoya Holdings swings to profit in fiscal Q1

Yoshinoya Holdings Co. Ltd. said its normalized net income for the fiscal first quarter ended May 31 amounted to ¥11.47 per share, compared with a loss of ¥4.43 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥589.4 million, compared with a loss of ¥227.9 million in the year-earlier period.

The normalized profit margin climbed to 1.3% from negative 0.5% in the year-earlier period.

Total revenue climbed on an annual basis to ¥44.33 billion from ¥42.54 billion, and total operating expenses came to ¥43.44 billion, compared with ¥43.29 billion in the prior-year period.

Reported net income came to ¥555.0 million, or ¥10.80 per share, compared to a loss of ¥497.0 million, or a loss of ¥9.67 per share, in the prior-year period.

As of July 11, US$1 was equivalent to ¥101.30.