Yonex saw net income decline 20% to ¥2,424 million ($17.6 mm) from ¥3,025 million in fiscal Q1 ended June 30, as it recorded record 18% higher revenues of ¥27,992 million ($203.8 mm) up from ¥23,694 million, driven by strong demand across all regions. North American sales were up 34% to ¥1,731 million ($12.6 mm), primarily due from growing sales of badminton equipment and the depreciation of the yen, offset by dwindling tennis sales due to the glut of inventory since the end of the second half of FY23. ... Log in to view full article.