trending Market Intelligence /marketintelligence/en/news-insights/trending/zXfyO8KCNEwToR08QkdJhg2 content esgSubNav
In This List

Sadamatsu fiscal Q3 profit falls YOY

Podcast

Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire

Blog

The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Blog

A Sustainability Framework for Customer and Supplier Credit Risk Management

Video

Lithium Import


Sadamatsu fiscal Q3 profit falls YOY

Sadamatsu Co. Ltd. said its normalized net income for the fiscal third quarter ended May 31 came to ¥5.00 per share, a decline of 18.2% from ¥6.11 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥5.6 million, a decrease of 18.2% from ¥6.9 million in the year-earlier period.

The normalized profit margin declined to 0.3% from 0.3% in the year-earlier period.

Total revenue grew 6.7% year over year to ¥2.19 billion from ¥2.05 billion, and total operating expenses increased 7.0% year over year to ¥2.18 billion from ¥2.04 billion.

Reported net income totaled a loss of ¥17.0 million, or a loss of ¥15.11 per share, compared to a loss of ¥5.0 million, or a loss of ¥4.44 per share, in the year-earlier period.

As of July 10, US$1 was equivalent to ¥122.69.