Net income dropped 47% in the fiscal third quarter ended Dec. 31 to ¥2,672 million ($18.1 mm) from ¥5,040 million, despite 4% higher revenues of ¥30,115 million ($203.8 mm) against ¥28,889 million. Sales in China jumped 131% to ¥3,304 million, while the home Japan market inched down 2% to ¥13,958 million, and Korea declined 3% to ¥12,719 million, both affected by slowing golf sales. Descente & Movesport grew 3% to ¥11,603 million, somewhat offset by a 2% drop from Le Coq Sportif to ¥7,756 million. Results from Descente’s smaller brands were ... Log in to view full article.