Descente Net Down on ForEx Headwinds in FY17
Net income dropped 28% to ¥5,650 million ($51.9 million) from ¥7,870 million in the year ended Mar. 31 on a 3% revenue decline to ¥131,543 million (1,209.0 million) from ¥135,778 million attributed to the strong yen and economic stagnation in Korea. Sales in the home Japan market were flat at ¥54.4 billion and increased 25% in the Americas and Europe to ... Log in to view full article.
