In a strong recovery from last year’s pandemic-stricken June quarter, net income was ¥2,748 million ($25.1 mm) against a loss of ¥1,097 million, on sales that jumped 50% to ¥42,870 million ($391.9 mm) from ¥28,657 million. Mizuno bumped up its full-year profit guidance, now expecting the bottom line to hit ¥5,000 million ($45.7 mm), up from the ¥3,500 million guided at the end of the fiscal year. It cited the better than expected FQ1 profitability on strength its in export markets. Revenue guidance was maintained at ¥175,000 million ($1,600 mm) for the year, however. Both numbers will easily exceed last ... Log in to view full article.