Zett Sales Declined Last Year
Comprehensive net income was up 25% to ¥501 million ($4.5 mm) from ¥402 million for the fiscal year ended Mar. 31 on sales that dwindled 4% to ¥37,881 million ($337.7mm) from ¥39,294 million. But the bottom line improvement came mostly from an unrealized gain on securities, and without comprehensive items, net income was just ¥6 million, down from ¥283 million the prior year. Gross margin was ... Log in to view full article.