Yonex Sees Sales Jump, but Not In U.S.
Net income was ¥948 million ($8.7 mm) in FQ1 ended June 30, against a loss of ¥1,279 million last year, as revenues nearly doubled to ¥16,179 million ($147.9 mm) from ¥8,200 million. Sales bounced back in the home market, almost tripling to ¥9,522 million, and Rest of Asia expanded 61% to ¥5,524 million. North America declined 5% to ¥642 million ($5.9 mm) though, as tumbling badminton sales ... Log in to view full article.