Net income returned to growth in the final quarter ended Mar. 31, gaining 28% to ¥1,811 million ($17.1 mm) up from ¥1,415 million, on revenues that dipped 7% to ¥43,684 million ($412.5 mm) from ¥47,041 million. The Americas region was a bright spot, growing 5% in FQ4 to ¥4.4 billion ($41.5 mm) helped by continued strength in golf, though the team business is just starting to recover. All other regions declined, with the home Japan market off 4% to ¥33.7 billion, EMEA down 24% to ¥2.9 billion, and Asia/Oceania tumbling 34% to ¥2.7 billion. Gross margin in Q4 was up ... Log in to view full article.