Himaraya Net Falls on Weak Demand
Net income at the Japanese retailer plummeted 76% to ¥248 million ($1.7 mm) from ¥1,031 million on 5% lower revenues of ¥43,146 million ($290.9 mm) from ¥45,238 million for the nine months ended May 31. Ski & Snowboard sales were down 6% to ¥2,745 million, attributed to a record warm winter, while Golf ticked ... Log in to view full article.