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Stanley Electric fiscal Q3 profit falls YOY

4251770 said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥33.10 per share, a decline from ¥33.73 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥5.56 billion, a decrease from ¥5.70 billion in the year-earlier period.

The normalized profit margin fell to 6.0% from 6.4% in the year-earlier period.

Total revenue grew 5.0% year over year to ¥93.17 billion from ¥88.76 billion, and total operating expenses increased 6.0% from the prior-year period to ¥83.32 billion from ¥78.61 billion.

eported net income fell from the prior-year p Stanley Electric Co. Ltd..