Net income for the final fiscal quarter ended Mar. 31 was ¥1,498 million ($14.1 mm) against a loss of ¥686 million, on 4% lower revenues of ¥21,253 million ($200.7 mm), down from ¥22,056 million. Gross margin narrowed by 80 basis points to 48.9%, while SG&A was 6% lower in yen and leveraged 110 b.p. as a percent of sales. Full-year profit inched lower to ¥10,734 million ($101.4 mm) from ¥10,770 million on an 8% decline in sales ... Log in to view full article.