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Article Date: May 2023
Word Count: 442

Mizuno Posts Record Sales, Profits

Net income attributable to shareholders increased 29% in the final fiscal quarter ended Mar. 31 to ¥2,088 million ($15.8 mm) from ¥1,619 million as revenues grew 35% to ¥64,642 million ($488.2 mm) from ¥47,893 million. The growth was led by the EMEA region, which more than doubled to ¥7.9 billion. Americas sales increased 61% to ¥8.2 billion ($62 mm), while the home Japan market grew 20% to ¥41.7 billion and Asia/Oceania improved 56% to ¥6.7 billion. Footwear led all categories, lapping last year’s supply shortages, gaining 63% to ¥19.9 billion, with ... Log in to view full article.


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