経常利益
Meanings
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'.
Ordinary profit for this fiscal year increased by 10% year-on-year.
Although we were in the black at the ordinary profit level, we ended up with a net loss due to extraordinary losses.
Usage patterns
- 〈経常利益〉が増えるordinary profit increases
This term's ordinary profit increased 10% over the previous year.
- 〈経常利益〉が減るordinary profit decreases
Ordinary profit decreased due to rising raw material costs.
- 〈経常利益〉を計上するto book/record ordinary profit
The company recorded ordinary profit of 300 million yen.
- 〈経常利益〉率ordinary profit margin (ratio)
The ordinary profit margin exceeded the industry average.