While sales in the Americas and Europe held up, the pandemic downturn in China and Japan led to a 60% decline in comprehensive income to ¥977 million ($9.0 mm) from ¥2,430 million for the final quarter ended Mar. 31 as sales fell 7% to ¥47,041 million ($431.8 mm) from ¥50,458 million. For the full year, Mizuno net was off 28% to ¥3,852 million ($35.3 mm) from ¥5,351 million on sales of ¥169,742 million ($1,558.0 mm) against ¥178,108 million, down 5%.
Sales in the Americas for the year improved 8% to ¥19.4 billion ($182.4 mm) from ¥18.0 billion, led by strong sales ... Log in to view full article.