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Article Date: May 2019
Word Count: 306

Mizuno Net Up in Q4, FY despite Lower Sales

Comprehensive net income was ¥2,430 million ($22.1 mm), up 60% against ¥1,523 million for the final quarter ended Mar. 31 on sales of ¥50,458 million ($457.9 mm) compared to ¥51,119 million which brought the year end total for comprehensive net to ¥5,351 million ($48.6 mm) against ¥4,800 million on sales of ¥178,108 million ($1,616.2 mm), off 4% from ¥185,399 million.


While its running business remains challenging in all regions and the home market continues to show weakness in sporting goods and golf, Mizuno did note progress in the Americas despite lower sales as it emphasizes profitability. The Americas had its first ... Log in to view full article.


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