trending Market Intelligence /marketintelligence/en/news-insights/trending/ztg2yRCgwJ3mZLf4yqKN-w2 content esgSubNav
In This List

Tsuchiya Holdings fiscal Q2 loss narrows YOY

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


Tsuchiya Holdings fiscal Q2 loss narrows YOY

Tsuchiya Holdings Co. Ltd. said its normalized net income for the fiscal second quarter ended April 30 amounted to a loss of 17 Japanese sen per share, compared with a loss of ¥1.30 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥4.4 million, compared with a loss of ¥33.1 million in the year-earlier period.

The normalized profit margin increased to negative 0.1% from negative 0.5% in the year-earlier period.

Total revenue fell 9.4% on an annual basis to ¥5.70 billion from ¥6.29 billion, and total operating expenses fell 9.9% on an annual basis to ¥5.74 billion from ¥6.38 billion.

Reported net income totaled a loss of ¥86.0 million, or a loss of ¥3.37 per share, compared to a loss of ¥28.0 million, or a loss of ¥1.10 per share, in the prior-year period.

As of June 12, US$1 was equivalent to ¥123.29.