Sac's Bar Holdings Inc. said its normalized net income for the fiscal fourth quarter ended March 31 was ¥31.11 per share, an increase from ¥30.07 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥917.5 million, an increase from ¥875.0 million in the year-earlier period.
The normalized profit margin climbed to 6.3% from 6.2% in the year-earlier period.
Total revenue climbed on an annual basis to ¥14.56 billion from ¥14.10 billion, and total operating expenses grew year over year to ¥13.09 billion from ¥12.67 billion.
Reported net income increased 21.8% on an annual basis to ¥899.0 million, or ¥30.48 per share, from ¥737.8 million, or ¥25.35 per share.
For the year, the company's normalized net income totaled ¥100.88 per share, a gain of 9.4% from ¥92.22 per share in the prior year.
Normalized net income was ¥2.95 billion, a rise of 9.8% from ¥2.68 billion in the prior year.
Full-year total revenue rose 6.0% from the prior-year period to ¥53.43 billion from ¥50.40 billion, and total operating expenses grew 5.7% year over year to ¥48.73 billion from ¥46.08 billion.
The company said reported net income grew 18.0% year over year to ¥2.76 billion, or ¥94.56 per share, in the full year, from ¥2.34 billion, or ¥80.43 per share.
As of June 25, US$1 was equivalent to ¥123.71.