ZETT: Revenues fell 1% to ¥20.91 billion
ZETT: Revenuesfell 1% to ¥20.91 billion (US$191.3 mm) and net profit dropped 55% to ¥188million ($1.7 mm) for the six months ended Sep. 30. Zett cited a continuingweak economy and high unemployment rate. Especially without a big-ticket eventlike soccer’s World Cup to drive interest, consumers’ will to spend moneyremained anemic. Wholesale sales slipped 1% to ¥19.88 billion. Training wear,racquet sports and track & field goods sold well, but baseball/softball,soccer, ski, sports shoes and ... Log in to view full article.