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Uoki fiscal Q3 loss narrows YOY

Uoki Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, was a loss of ¥3.43 per share, compared with a loss of ¥9.30 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 ¥8.8 million, compared with a loss of ¥23.8 million in the year-earlier period.

The normalized profit margin rose to negative 0.3% from negative 0.7% in the year-earlier period.

Total revenue came to ¥3.21 billion, compared with ¥3.22 billion in the prior-year period, and total operating expenses decreased on an annual basis to ¥3.22 billion from ¥3.25 billion.

Reported net income totaled a loss of ¥25.0 million, or a loss of ¥9.79 per share, compared to a loss of ¥53.0 million, or a loss of ¥20.75 per share, in the prior-year period.

As of Jan. 14, US$1 was equivalent to ¥116.84.