Yonex Bottom Line Slips on ForEx
Comprehensive net income declined 34% at the racquet sports brand to ¥843 million ($7.6 mm) from ¥1,283 million for the nine months ended Dec. 31 on 3% lower sales of ¥44,753 million ($405.4 mm) down from ¥46,201 million. Excluding a negative 440 million swing in foreign exchange and other comprehensive items, net income was up 7% to ¥1,124 million ($10.2 ... Log in to view full article.