noun
ordinary profit; recurring profit; income before income taxes
A key financial metric in Japanese accounting, representing profit from core business activities plus non-operating income/expenses. Seldom used by non-Japanese financial analysts; closest international equivalents are 'income before income taxes' or 'ordinary income'.
今期の経常利益は前年比で10％増加した。
Ordinary profit for this fiscal year increased by 10% year-on-year.
経常利益段階では黒字だが、特別損失の計上で最終赤字となった。
Although we were in the black at the ordinary profit level, we ended up with a net loss due to extraordinary losses.